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Dime Community (NASDAQ: DCOM) CFO granted shares, withholds stock for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Dime Community Bancshares senior executive vice president and chief financial officer Avinash Reddy reported routine equity compensation activity involving the company’s common stock. On March 31, 2026, he received a grant of 7,239 shares of common stock, recorded as a compensation-related award at no cash cost to him.

On the same date, three separate entries show a total of 1,913 shares of common stock disposed of at $33.82 per share to cover tax obligations. Footnotes explain these were shares withheld to satisfy taxes on restricted stock vesting of 1,179, 1,549, and 2,021 shares, making the dispositions mechanistic rather than open‑market sales. The filing also notes direct holdings of Preferred Stock, Series A, with one entry showing 5,730 shares held.

Positive

  • None.

Negative

  • None.
Insider Reddy Avinash
Role SEVP - CHIEF FINANCIAL OFFICER
Type Security Shares Price Value
Tax Withholding Common Stock 475 $33.82 $16K
Tax Withholding Common Stock 624 $33.82 $21K
Tax Withholding Common Stock 814 $33.82 $28K
Grant/Award Common Stock 7,239 $0.00 --
holding Preferred Stock, Series A -- -- --
Holdings After Transaction: Common Stock — 45,644 shares (Direct); Preferred Stock, Series A — 5,730 shares (Direct)
Footnotes (1)
  1. Reflects the withholding of shares to satisfy tax obligations on 1,179 shares of restricted stock that vested on March 31, 2026. Reflects the withholding of shares to satisfy tax obligations on 1,549 shares of restricted stock that vested on March 31, 2026. Reflects the withholding of shares to satisfy tax obligations on 2,021 shares of restricted stock that vested on March 31, 2026. Vests in equal installments on the 1st, 2nd, and 3rd anniversary
Common stock grant 7,239 shares Grant/award acquisition on March 31, 2026
Tax-withholding dispositions 1,913 shares Three F-code transactions on March 31, 2026
Withholding transaction price $33.82 per share All three tax-withholding entries in common stock
Restricted stock vesting 1 1,179 shares Footnote F1 vested on March 31, 2026
Restricted stock vesting 2 1,549 shares Footnote F2 vested on March 31, 2026
Restricted stock vesting 3 2,021 shares Footnote F3 vested on March 31, 2026
Preferred Stock, Series A holding 5,730 shares Directly held in one reported entry
tax obligations financial
"Reflects the withholding of shares to satisfy tax obligations on 1,179 shares of restricted stock"
restricted stock financial
"restricted stock that vested on March 31, 2026"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
withholding of shares financial
"Reflects the withholding of shares to satisfy tax obligations on 1,549 shares"
Preferred Stock, Series A financial
"Preferred Stock, Series A"
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Reddy Avinash

(Last)(First)(Middle)
898 VETERANS MEMORIAL HIGHWAY
SUITE 560

(Street)
HAUPPAUGE NEW YORK 11788

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Dime Community Bancshares, Inc. /NY/ [ DCOM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
SEVP - CHIEF FINANCIAL OFFICER
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026F475(1)D$33.8245,644D
Common Stock03/31/2026F624(2)D$33.8245,020D
Common Stock03/31/2026F814(3)D$33.8244,206D
Common Stock03/31/2026A7,239(4)A$0.0051,445D
Preferred Stock, Series A5,730D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the withholding of shares to satisfy tax obligations on 1,179 shares of restricted stock that vested on March 31, 2026.
2. Reflects the withholding of shares to satisfy tax obligations on 1,549 shares of restricted stock that vested on March 31, 2026.
3. Reflects the withholding of shares to satisfy tax obligations on 2,021 shares of restricted stock that vested on March 31, 2026.
4. Vests in equal installments on the 1st, 2nd, and 3rd anniversary
Remarks:
Megan Hickey, as attorney in fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Dime Community Bancshares (DCOM) CFO Avinash Reddy report?

Avinash Reddy reported a grant of 7,239 Dime Community Bancshares common shares and three tax-withholding dispositions totaling 1,913 shares. All events occurred on March 31, 2026 and relate to equity compensation and associated tax obligations, not open-market buying or selling.

How many Dime Community Bancshares (DCOM) shares were granted to the CFO?

The CFO received a grant of 7,239 shares of Dime Community Bancshares common stock at a reported price of $0.00 per share. This reflects a compensation-related stock award, not a purchase, and is recorded as an acquisition transaction under code A in the filing.

Were the Dime Community Bancshares (DCOM) insider dispositions open-market sales?

The dispositions were not open-market sales. Three transactions coded F, totaling 1,913 common shares at $33.82 per share, reflect shares withheld to satisfy tax obligations on vested restricted stock, according to the footnotes, rather than discretionary selling into the market.

What restricted stock vesting is described for Dime Community Bancshares (DCOM) CFO?

Footnotes state that 1,179, 1,549, and 2,021 restricted shares vested on March 31, 2026. Shares were withheld in connection with these vestings to cover tax obligations. Another footnote notes a separate award that vests in equal installments on the first, second, and third anniversaries.

What tax withholding activity did Dime Community Bancshares (DCOM) report for its CFO?

The filing shows tax-withholding dispositions totaling 1,913 common shares at $33.82 per share. Each transaction is coded F and described as payment of tax liability by delivering securities, aligning with the footnotes referencing withholding of shares for restricted stock vesting taxes.

Does the Dime Community Bancshares (DCOM) CFO hold any preferred stock?

Yes. One holding entry lists direct ownership of Preferred Stock, Series A, with 5,730 shares shown following the reported entry. This preferred stock position is reported separately from the common stock compensation transactions disclosed for March 31, 2026.