Basswood entities trim Dime Commercial (DCOM) stake with 32,751-share sale
Rhea-AI Filing Summary
Basswood-affiliated reporting persons for Dime Commercial Bancshares, Inc. disclosed net open-market sales of Common Stock. Entities associated with these filers sold a total of 32,751 shares of DCOM Common Stock in open-market transactions at a price of $39.02 per share on June 18, 2026.
All reported sales were made through indirect ownership accounts identified with "See footnote," while several direct and additional indirect holdings remain. One indirectly held account shows 994,858 shares following a 663-share sale, and other accounts report post-transaction balances such as 458,433 and 144,817 shares.
Positive
- None.
Negative
- None.
Insights
Basswood-related entities reported modest net open-market sales while retaining sizable positions.
The filing shows Basswood-affiliated reporting persons for Dime Commercial Bancshares, Inc. executing open-market sales totaling 32,751 Common Stock shares at $39.02 per share on June 18, 2026. These transactions are coded as open-market sales (code S), the strongest signal type in insider reporting.
However, the same filing indicates substantial remaining indirect holdings, including post-transaction balances of 994,858, 458,433, and 144,817 shares in separate accounts, alongside additional direct and indirect positions. Without information on the company’s total shares outstanding or prior holdings, the economic impact appears routine relative to the visible remaining stakes.
The notes referenced in Exhibit 99.1 are not included here, so details on which specific funds, partnerships, or managed accounts executed each trade are not visible in this excerpt. Subsequent company filings and exhibits would clarify the precise ownership structure and any related governance considerations.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share ("Common Stock") | 663 | $39.02 | $26K |
| Sale | Common Stock | 12,003 | $39.02 | $468K |
| Sale | Common Stock | 6,030 | $39.02 | $235K |
| Sale | Common Stock | 13,800 | $39.02 | $538K |
| Sale | Common Stock | 255 | $39.02 | $10K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto. Notes are included on Exhibit 99.1 hereto.