DCOM CFO receives stock grant, withholds shares for tax
Dime Community Bancshares senior executive vice president and chief financial officer Avinash Reddy reported routine equity compensation activity involving the company’s common stock.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 475 | $33.82 | $16K |
| Exercise Price or Tax Liability | Common Stock | 624 | $33.82 | $21K |
| Exercise Price or Tax Liability | Common Stock | 814 | $33.82 | $28K |
| Grant/Award | Common Stock | 7,239 | $0.00 | $0.00 |
| holding | Preferred Stock, Series A | -- | -- | -- |
Footnotes (4)
- F1. Reflects the withholding of shares to satisfy tax obligations on 1,179 shares of restricted stock that vested on March 31, 2026.
- F2. Reflects the withholding of shares to satisfy tax obligations on 1,549 shares of restricted stock that vested on March 31, 2026.
- F3. Reflects the withholding of shares to satisfy tax obligations on 2,021 shares of restricted stock that vested on March 31, 2026.
- F4. Vests in equal installments on the 1st, 2nd, and 3rd anniversary
Key Figures
Key Terms
tax obligations financial
restricted stock financial
Preferred Stock, Series A financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
AI-generated analysis. How Rhea-AI works. Not financial advice.