[Form 4] Dime Community Bancshares, Inc. Fixed-Rate Non-Cumulative Perpetual Preferred Stock, Series A Insider Trading Activity
Dime Community Bancshares, Inc. (DCOM) Form 4 shows insider activity by Basswood Capital Management, L.L.C. and related reporting persons Matthew A. Lindenbaum and Bennett D. Lindenbaum. On 09/09/2025 a sale of 9,000 shares of common stock was reported at $30.33 per share (transaction code S). The filing lists total beneficial ownership positions following the transactions across multiple lines, including 1,034,158, 491,166, 165,169, and smaller indirect holdings; additional disposals of 138,282 and 177,515 shares are reported with footnote references. The report is filed jointly by more than one reporting person and includes exhibits explaining the responses and joint-filer information.
- Timely SEC disclosure of insider transactions by Basswood Capital Management and named reporting persons
- Joint filing and inclusion of exhibits for explanation and joint-filer signatures enhances transparency
- Insider disposals reported, including a sale of 9,000 shares at $30.33 and additional disposals of 138,282 and 177,515 shares referenced
- Limited context in the Form 4 (motivation, sources of shares, or plan details are in exhibits rather than the form)
Insights
TL;DR: Insider sales were reported but sizable aggregate indirect holdings remain; this is routine disclosure, not an earnings or covenant event.
The Form 4 records a sale of 9,000 common shares at $30.33 on 09/09/2025 and lists multiple large indirect positions totalling over one million shares on at least one line. The filing appears focused on routine insider dispositions and ownership reporting. No derivative transactions or company fundamentals are disclosed here, and explanatory footnotes are referenced via exhibits rather than inline detail.
TL;DR: Joint filer disclosure and referenced exhibits provide governance transparency; sale details are disclosed but context is limited to the Form 4 scope.
The report is filed by Basswood Capital Management and named individuals, indicating director relationships and director-by-deputization status. The filing includes exhibit references for explanations and joint-filer signatures, meeting SEC Section 16 reporting requirements. The form documents insider disposals but does not include managerial commentary or motives, which is typical for Form 4 filings.