UNITED STATES | ||||||||
SECURITIES AND EXCHANGE COMMISSION | ||||||||
Washington, D.C. 20549 | ||||||||
SCHEDULE 13D |
(Amendment No. 1)*
Enterprise Bancorp Inc. |
Common Stock, $0.01 par value per share (the “Shares”) |
293668109 |
Beth A. Whitaker Hunton Andrews Kurth LLP 1445 Ross Avenue, Suite 3700 Dallas, TX 75202 (214) 979-3000 |
Authorized to Receive Notices and Communications)
February 27, 2024 |
1. | Names of Reporting Persons Kenneth S. Ansin | |||||||||||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||||||||||
(a) | ||||||||||||||
(b) | ||||||||||||||
3. | SEC Use Only | |||||||||||||
4. | Source of Funds (See Instructions) OO | |||||||||||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) | |||||||||||||
6. | Citizenship or Place of Organization U.S. Citizen | |||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power 1,074,941 | ||||||||||||
8. | Shared Voting Power | |||||||||||||
9. | Sole Dispositive Power 1,074,941 | |||||||||||||
10. | Shared Dispositive Power | |||||||||||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 1,074,941 | |||||||||||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | |||||||||||||
13. | Percent of Class Represented by Amount in Row (11) 8.8%1 | |||||||||||||
14. | Type of Reporting Person (See Instructions) IN |
1. | Names of Reporting Persons Ronald M. Ansin Trust - 2014 | |||||||||||||
2. | Check the Appropriate Box if a Member of a Group (See Instructions) | |||||||||||||
(a) | ||||||||||||||
(b) | ||||||||||||||
3. | SEC Use Only | |||||||||||||
4. | Source of Funds (See Instructions) OO | |||||||||||||
5. | Check if Disclosure of Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) | |||||||||||||
6. | Citizenship or Place of Organization Florida | |||||||||||||
Number of Shares Beneficially Owned by Each Reporting Person With | 7. | Sole Voting Power | ||||||||||||
8. | Shared Voting Power 720,802 | |||||||||||||
9. | Sole Dispositive Power | |||||||||||||
10. | Shared Dispositive Power 720,802 | |||||||||||||
11. | Aggregate Amount Beneficially Owned by Each Reporting Person 720,802 | |||||||||||||
12. | Check if the Aggregate Amount in Row (11) Excludes Certain Shares (See Instructions) | |||||||||||||
13. | Percent of Class Represented by Amount in Row (11) 5.9% | |||||||||||||
14. | Type of Reporting Person (See Instructions) OO |
This Amendment No. 1 (“Amendment No. 1”) to Schedule 13D relates to the common stock, par value $0.01 per share (the “Common Stock”), of Enterprise Bancorp, Inc., a Massachusetts corporation (the “Issuer”), and amends and supplements the initial statement on Schedule 13D filed on December 8, 2023 (the “Schedule 13D”). Except as specifically amended by this Amendment No. 1, the Schedule 13D remains in full force and effect. The principal executive offices of the Issuer are located at 222 Merrimack Street, Lowell, MA 01852. Capitalized terms used but not defined in this Amendment No. 1 shall have the same meanings ascribed to them in the Schedule 13D. | ||||||||
Item 4. | Purpose of Transaction | |||||||
Item 4 of the Schedule 13D is hereby amended and supplemented as follows: On February 27, 2024, Mr. Ansin sold 120,000 shares of Common Stock held by the Trust in accordance with the Form 144 that was filed by Mr. Ansin on the same day. The shares of Common Stock were sold through a trade order executed by a broker-dealer at a price of $25.25 per share of Common Stock. As a result of these sales, the Trust now owns 720,802 shares of Common Stock. The Trust sold the shares of Common Stock to pay for certain taxes associated with estate of Mr. Ansin’s father. In the future, Mr. Ansin may determine to sell additional shares of Common Stock for tax, estate or other economic planning purposes. Otherwise, Mr. Ansin has no plans to engage in any of the kinds of transactions enumerated in Item 4(a)-(j). | ||||||||
Item 5. | Interest in Securities of the Issuer | |||||||
Item 5(a)-(c) of the Schedule 13D is hereby amended and restated as follows: | ||||||||
(a) See tabular data above. | ||||||||
(b) See tabular data above. | ||||||||
(c) See response to Item 3 above. | ||||||||
Kenneth S. Ansin | ||||||||
By: | /s/ Kenneth S. Ansin | |||||||
Name: | Kenneth S. Ansin | |||||||
Ronald M. Ansin Trust - 2014 | ||||||||
By: | /s/ Kenneth S. Ansin | |||||||
Name: | Kenneth S. Ansin | |||||||
Title: | Trustee | |||||||