Director Nielsen trims Dime Commercial Bancshares (DCBG) stake
Rhea-AI Filing Summary
Dime Commercial Bancshares director Raymond A. Nielsen reported selling 1,800 shares of common stock on August 6, 2026 at $41.7293 per share in a sale described as an open market or private transaction. After the sale, he holds 32,400 shares directly and 520 shares indirectly through his wife.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,800 shares
Net Sell
2 txns
Insider
NIELSEN RAYMOND A
Role
Director
Sold
1,800 shs ($75K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | common | 1,800 | $41.7293 | $75K |
| holding | Common | -- | -- | -- |
Holdings After Transaction:
common — 32,400 shares (Direct);
Common — 520 shares (Indirect, Wife)
Key Figures
Shares sold: 1,800 shares
Sale price: $41.7293 per share
Direct holdings after sale: 32,400 shares
+2 more
5 metrics
Shares sold
1,800 shares
Non-derivative sale of common stock on 2026-08-06
Sale price
$41.7293 per share
Price for the 1,800-share sale of common stock
Direct holdings after sale
32,400 shares
Common stock held directly by Raymond A. Nielsen after the transaction
Indirect holdings
520 shares
Common stock held indirectly through his wife after the transaction
Net shares sold
1,800 shares
Net buy/sell shares from reported Form 4 transactions
Key Terms
open market or private transaction, indirect ownership, Rule 10b5-1
3 terms
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
indirect ownership financial
"ownership_type: indirect with nature_of_ownership listed as Wife"
Rule 10b5-1 regulatory
"aff_10b5_one checkbox for Rule 10b5-1 trading plans is marked false"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What transaction did DCBG director Raymond A. Nielsen report in this Form 4?
Raymond A. Nielsen reported selling 1,800 shares of Dime Commercial Bancshares common stock at $41.7293 per share on August 6, 2026. After this sale, he directly holds 32,400 shares and indirectly holds 520 shares through his wife.
Was the DCBG insider sale by Raymond A. Nielsen made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 trading plan checkbox is marked false, indicating the 1,800-share sale was not affirmatively designated as executed under a Rule 10b5-1 pre-arranged trading plan in this filing.
What type of transaction code is shown in the DCBG Form 4 for Raymond A. Nielsen?
The non-derivative transaction in the Form 4 uses code S, described as a "Sale in open market or private transaction". It covers the 1,800-share sale of Dime Commercial Bancshares common stock on August 6, 2026.