Provident Bancorp, Inc. /MD/ — Director's Dealing 2023

Sep 7, 2023

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Provident Bancorp, Inc. /MD/ (PVBC)
CIK: 0001778784
Period of Report: 2023-09-06

Reporting Person: STILWELL JOSEPH (10% Owner)
Reporting Person: Stilwell Value LLC (10% Owner)
Reporting Person: Stilwell Activist Fund, L.P. (10% Owner)
Reporting Person: Stilwell Activist Investments, L.P. (10% Owner)
Reporting Person: STILWELL PARTNERS L P (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2023-09-06	Common Stock	P	5027	$10.0478	Acquired	1453696	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	282925	Indirect
Common Stock	50000	Indirect

Footnotes

F1: These shares are owned directly by Stilwell Activist Fund, L.P. ("SAF") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Stilwell Value LLC ("Value"), which is the general partner of SAF. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.

F2: These shares are owned directly by Stilwell Activist Investments, L.P. ("SAI") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SAI. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.

F3: These shares are owned directly by Stilwell Partners, L.P. ("SP") and indirectly by Joseph Stilwell in his capacity as the managing member and owner of Value, which is the general partner of SP. Joseph Stilwell disclaims beneficial ownership of all shares reported as owned indirectly except to the extent of his pecuniary interest therein.