Narragansett Financial Corp filed a Form 3 Initial Statement of Beneficial Ownership with the SEC on November 2, 2026, disclosing its initial beneficial ownership stake in Narragansett Bancorp, Inc. (NASDAQ:NARA).

Key Highlights

  • Reporting Person: Narragansett Financial Corp, located at 330 Swansea Mall Drive, Swansea, Massachusetts 02777, filed as a 10% Owner of the issuer.
  • Issuer: Narragansett Bancorp, Inc., trading on NASDAQ under the symbol NARA.
  • Shares Beneficially Owned: 11,638,000 shares of Common Stock, held directly.
  • No Derivative Securities: Table II contains no reported derivative securities.
  • Event Date: The date of the event requiring the statement is November 2, 2026.
  • Signed By: Marie Pellegrino, President, signed the filing on November 2, 2026.

Narragansett Financial Corp Discloses 10% Owner Status in Narragansett Bancorp

According to the filing, Narragansett Financial Corp submitted a Form 3 Initial Statement of Beneficial Ownership on November 2, 2026, establishing its status as a 10% Owner of Narragansett Bancorp, Inc. (NASDAQ:NARA). The form was signed by Marie Pellegrino, identified as President of the reporting entity, and was filed by one reporting person.

The filing discloses that Narragansett Financial Corp directly owns 11,638,000 shares of Common Stock in Narragansett Bancorp. The ownership is reported as direct (D) in Table I, with no indirect ownership and no derivative securities listed in Table II. The filing does not report any transactions, as Form 3 is an initial disclosure of beneficial ownership rather than a record of purchases or sales.

The relationship of the reporting person to the issuer is designated solely as 10% Owner; the "Director" and "Officer" checkboxes were not selected, according to the filing. No amendment date is provided, indicating this is an original filing. The filing was submitted pursuant to Section 16(a) of the Securities Exchange Act of 1934.

What Was Disclosed

Narragansett Financial Corp disclosed an initial beneficial ownership of 11,638,000 shares of Common Stock in Narragansett Bancorp, Inc. (NASDAQ:NARA), held directly, with no derivative securities reported. The filing was triggered by an event dated November 2, 2026.