Dime Community (DCOM) tech officer uses 1,633 shares to cover tax on vesting
Rhea-AI Filing Summary
Dime Community Bancshares Chief Technology & Ops Officer Michael Fegan reported a tax-related share disposition. On February 26, 2026, a total of 1,633 shares of common stock were withheld at $33.34 per share to satisfy tax obligations on vested restricted stock, rather than through an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 1,633 shares
Net Sell
2 txns
Insider
Fegan Michael
Role
Chief Technology & Ops Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,015 | $33.34 | $34K |
| Exercise Price or Tax Liability | Common Stock | 618 | $33.34 | $21K |
Holdings After Transaction:
Common Stock — 19,823 shares (Direct)
Footnotes (1)
- F1. Reflects the withholding of shares to satisfy tax obligations on shares of restricted stock that vested on February 26, 2026.
FAQ
What insider transaction did DCOM executive Michael Fegan report on Form 4?
Michael Fegan reported a tax-withholding disposition of Dime Community Bancshares shares. A total of 1,633 common shares were withheld at $33.34 per share to cover tax obligations on restricted stock that vested on February 26, 2026, rather than sold in the market.
Was Michael Fegan’s DCOM Form 4 transaction an open-market sale?
No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares of common stock were withheld by the company on February 26, 2026, to pay taxes due when restricted stock vested, as indicated by transaction code F and the accompanying footnote.
What does transaction code F mean in the DCOM Form 4 for Michael Fegan?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it reflects withholding 1,633 Dime Community Bancshares common shares on February 26, 2026, at $33.34 per share to satisfy tax obligations on vested restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.