SCHEDULE 13D

CUSIP No.

70336F203

Name of reporting person

Sugarman Steven

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,019,978.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,019,978.00

Aggregate amount beneficially owned by each reporting person

9,019,978.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox checked

Percent of class represented by amount in Row (11)

7.8 %

Type of Reporting Person (See Instructions)

Comment for Type of Reporting Person:

* This amount does not include 5,749,551 restricted stock units which the Reporting Person received pursuant to an employment agreement by and between the Reporting Person and the Issuer, which are subject to vesting. Pursuant to agreement with the Issuer, Mr. Sugarman's beneficial ownership of the Issuer's stock shall not be more than 9.99% of the number of shares of its voting securities issued and outstanding.

SCHEDULE 13D

CUSIP No.

70336F203

Name of reporting person

Steven and Ainslie Sugarman Living Trust

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,019,978.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,019,978.00

Aggregate amount beneficially owned by each reporting person

9,019,978.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox checked

Percent of class represented by amount in Row (11)

7.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

CUSIP No.

70336F203

Name of reporting person

Ainslie Sugarman

Check the appropriate box if a member of a Group (See Instructions)

(a)

(b)

SEC use only

Source of funds (See Instructions)

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

Checkbox not checked

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 9,019,978.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 9,019,978.00

Aggregate amount beneficially owned by each reporting person

9,019,978.00

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

Checkbox checked

Percent of class represented by amount in Row (11)

7.8 %

Type of Reporting Person (See Instructions)

SCHEDULE 13D

Item 1.

Security and Issuer

(a)

Title of Class of Securities:

(Voting) Common Stock, Par Value $0.01 Per Share

(b)

Name of Issuer:

PATRIOT NATIONAL BANCORP INC

(c)

Address of Issuer's Principal Executive Offices:

900 BEDFORD ST, STAMFORD, CONNECTICUT , 06901.

Item 1 Comment:

This Amendment No. 2 to Schedule 13D (the "Amendment") is being filed to update and supplement information set forth in Amendemnt No. 1 to Schedule 13D filed with the Securities and Exchange Commission on July 8, 2025 ("Schedule 13D/A1") by Steven and Ainslie Sugarman Living Trust, a revocable living trust for the benefit of Steven Sugarman and Ainslie Sugarman (the "Trust"), as well as Steven Sugarman, President and Chief Executive Officer and director of the Issuer, and his spouse, Ainslie Sugarman, as trustees of the Trust (collectively, the "Reporting Persons" and each a "Reporting Person"). Except as updated and supplemented herein, the information set forth in Schedule 13D/A1 remains unchanged and in full force and effect. All capitalized terms contained herein, but not otherwise defined herein, shall have the meanings ascribed to such terms in Schedule 13D/A1. Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable.

Item 3.

Source and Amount of Funds or Other Consideration

On July 3, 2025, 25,000 shares of Series A Preferred Stock previously issued to the Trust automatically converted into 2,000,000 shares of non-voting common stock, par value $0.01 per share ("Non-Voting Common Stock"), of the Issuer, pursuant to the terms of the Amended and Restated Certificate of Incorporation of the Issuer. Each share of Non-Voting Common Stock is convertible into one share of voting common stock of the Issuer, par value $.01 per share ("Voting Common Stock"), subject to the terms of the Amended and Restated Certificate of Incorporation of the Issuer, including the limitation that no holder of Non-Voting Common Stock has the right to become the beneficial owner (as determined under Rule 13d-3 under the Exchange Act) of more than 9.99% of the issued and outstanding voting securities of the Issuer. On October 20, 2025, Steven and Ainslie Sugarman Living Trust (the "Trust") converted 2,000,000 Non-Voting Common Stock into 2,000,000 shares of Voting Common Stock pursuant to the Issuer's Amended and Restated Certificate of Incorporation. No consideration was paid in connection with the conversion. Additionally, Steven Sugarman holds an aggregate of 5,749,551 restricted stock units ("RSUs") granted pursuant to an Employment Agreement between Steven Sugarman and the Issuer. The RSU grants are as follows: (i) 4,049,593 RSUs granted effective as of March 20, 2025, (ii) 552,927 RSUs granted effective as of July 1, 2025, and (iii) 1,147,031 RSUs granted effective as of October 1, 2025. The shares reported in this filing do not include such 5,749,551 RSUs. Pursuant to agreement with the Issuer, Mr. Sugarman's beneficial ownership of the Issuer's stock shall not be more than 9.99% of the number of shares of its voting securities issued and outstanding to the extent it would exceed Federal Reserve Board regulations relating to bank control.

Item 4.

Purpose of Transaction

The Reporting Persons are filing this Amendment to report the transactions set forth in Item 3 above. No Reporting Person has any present plan or proposal which would relate to or result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of the form of Schedule 13D, except as set forth herein, or such as would occur upon or in connection with completion of, or following, any of the actions discussed herein.

Item 5.

Interest in Securities of the Issuer

(a)

9,019,978

(b)

7.8% (1) _______________ (1) The percentage is based upon 114,991,017 shares of Voting Common Stock outstanding as of the close of business on October 22, 2025.

(c)

Not applicable.

(d)

No person other than the Reporting Persons is known to have the right to receive, or the power to direct the receipt of dividends from, or proceeds from the sale of, the shares of Common Stock reported herein.

(e)

Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Sugarman Steven

Signature:	/s/ Steven Sugarman
Name/Title:	Steven Sugarman
Date:	10/22/2025

Steven and Ainslie Sugarman Living Trust

Signature:	/s/ Steven Sugarman
Name/Title:	Steven Sugarman Trustee
Date:	10/22/2025

Ainslie Sugarman

Signature:	/s/ Ainslie Sugarman
Name/Title:	Ainslie Sugarman
Date:	10/22/2025