Dime Community (DCOM) tech officer uses 1,633 shares to cover tax on vesting
Filing Impact
Filing Sentiment
Form Type
4
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
2 transactions reported
Mixed
2 txns
Insider
Fegan Michael
Role
Chief Technology & Ops Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,015 | $33.34 | $34K |
| Tax Withholding | Common Stock | 618 | $33.34 | $21K |
Holdings After Transaction:
Common Stock — 20,441 shares (Direct)
Footnotes (1)
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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.