Kenneth D. Furtado has officially reported his ownership of 2,000 shares in Narragansett Bancorp, Inc. This filing is significant as it underscores Furtado's active role as a director in the company, enhancing transparency and aligning his interests with those of shareholders.

Narragansett Bancorp, Inc., identified under the Central Index Key 0002138186, operates in the savings institutions sector. The company is based in Swansea, Massachusetts, and is publicly traded under the ticker symbol NARA. The recent filing, dated November 2, 2026, is categorized as a Form 3 submission, indicating initial reporting of ownership.

According to the filing, Furtado's ownership of common stock is direct, and he currently holds 2,000 shares following the transaction. The filing states, "no securities owned" prior to this transaction, highlighting the significance of this disclosure.

This update may affect various stakeholders, including shareholders and potential investors, as it reflects the governance practices within Narragansett Bancorp. Transparency in ownership can enhance investor confidence and potentially influence market perception.

The filing does not state what happens next, leaving future actions regarding Furtado's ownership or additional disclosures open-ended.

Kenneth D. Furtado's filing indicates that he is not only a shareholder but also serves as a director of Narragansett Bancorp, Inc., reinforcing his commitment to the company's governance. The filing confirms that he holds a direct ownership of 2,000 shares of common stock, marking a significant step in his involvement with the company.

The address listed for Furtado is 330 Swansea Mall Drive, Swansea, MA 02777, which is also the business address for Narragansett Bancorp, indicating a close physical proximity to the company's operations. This may facilitate his engagement with the company's management and strategic direction.

Additionally, the filing identifies the company under the SEC file number 001-43528, which is relevant for tracking its regulatory compliance and financial reporting. The fiscal year for Narragansett Bancorp ends on December 31, which may be pertinent for investors monitoring the company's financial performance.

While the filing provides a clear snapshot of Furtado's current ownership, it does not include any information regarding potential future transactions or changes in his ownership stake. Stakeholders may be interested in whether Furtado plans to acquire more shares or if there are any upcoming board meetings that could influence his decisions.