Ioannis Kouzilos, who serves as Executive Vice President and Chief Lending Officer at Ponce Financial Group, Inc. (NASDAQ:PDLB), completed two distinct equity transactions on February 11, 2026.
In an open-market sale, Kouzilos sold 10,929 shares of the company's common stock at $16.81 per share, producing gross proceeds of $183,716.
On the same date he also exercised options to acquire a total of 11,929 shares of Ponce Financial Group common stock. Those option exercises were executed in four separate instances, with strike prices ranging from $10.33 to $13.31. The aggregate value attributed to those option exercises is $125,518.
Board appointment
In related corporate news, Ponce Bank announced the addition of Marlene Cintron to its Board of Directors. Cintron, a Bronx resident, brings experience in public policy, economic development, finance, and government relations. Her most recent public-sector role was as Region 2 Administrator for the U.S. Small Business Administration, a position she held from 2021 until January 2025.
The bank highlighted that, during Cintron's tenure in that role, the region she oversaw experienced a 20 percent increase in small business growth. Ponce Bank characterized her appointment as part of its ongoing efforts to strengthen leadership, though it has not provided any further financial updates or released recent earnings results in conjunction with the board change.
There were no announcements of mergers or acquisitions involving Ponce Bank in the current disclosures. Likewise, the company did not include any commentary about analyst ratings or revisions in the latest information made public.
What was disclosed and what remains unchanged
The public filings and company release detail the exact sizes and prices of Kouzilos' transactions and the specifics of Cintron's appointment, but they do not extend to broader financial disclosures such as earnings or guidance. The bank's statement did not reference any other corporate transactions or market-moving analyst activity.
Investors and observers are left with a clear account of the insider sale, the option exercises and a notable board appointment, while other typical corporate updates remain absent from the current disclosures.