Amendment No. 2 to Schedule 13D by Steven and Ainslie Sugarman Living Trust

This Amendment No. 2 to Schedule 13D, filed by the Steven and Ainslie Sugarman Living Trust, updates information previously disclosed in Amendment No. 1 to Schedule 13D. The amendment reports the conversion of 2,000,000 shares of Non-Voting Common Stock into Voting Common Stock of Patriot National Bancorp Inc. on October 20, 2025, pursuant to the Issuer's Amended and Restated Certificate of Incorporation. Additionally, Steven Sugarman holds 5,749,551 restricted stock units (RSUs) granted under an Employment Agreement, which are not included in the reported shares. The Reporting Persons collectively own 9,019,978 shares of Voting Common Stock, representing 7.8% of the outstanding shares. The amendment also confirms that no Reporting Person has any present plan or proposal that would result in any of the matters set forth in subparagraphs (a) - (j) of Item 4 of the form of Schedule 13D.