Dime Community (NASDAQ: DCOM) CRO withholds stock to cover taxes

Rhea-AI Filing Summary

Dime Community Bancshares Chief Risk Officer Christopher J. Porzelt reported a tax-related share withholding, not an open-market sale. On February 26, 2026, a total of 1,348 shares of common stock were withheld at $33.34 per share to satisfy tax obligations on vested restricted stock. After these tax-withholding dispositions, he directly owned 13,409 common shares.

SEC Form 4

FORM 4

UNITED 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

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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^*

Porzelt Christopher J

(Last) (First) (Middle)

898 VETERANS MEMORIAL HIGHWAY

(Street)

HAUPPAUGE NY 11788

(City) (State) (Zip)

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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Risk Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/26/2026		F		526(1)	D	$33.34	14,231	D
Common Stock	02/26/2026		F		822(1)	D	$33.34	13,409	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects the withholding of shares to satisfy tax obligations on shares of restricted stock that vested on February 26, 2026.

Remarks:

	Megan Hickey, as attorney in fact	03/02/2026
	** Signature of Reporting Person	Date
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).
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FAQ

What insider transaction did Dime Community (DCOM) report for Christopher J. Porzelt?

Dime Community reported a tax-related share withholding by Chief Risk Officer Christopher J. Porzelt. On February 26, 2026, 1,348 common shares were withheld to cover taxes on vested restricted stock, rather than sold in the open market.

How many DCOM shares were disposed of in this Form 4 filing?

A total of 1,348 Dime Community common shares were disposed of. The filing shows two tax-withholding dispositions of 526 shares and 822 shares, both recorded at a price of $33.34 per share to satisfy related tax obligations.

Was the DCOM insider transaction an open-market sale of shares?

No, the DCOM insider transaction was not an open-market sale. The Form 4 identifies code “F” transactions, meaning shares were withheld to pay tax liabilities on restricted stock that vested, rather than sold at the insider’s discretion on the market.

What price per share was used for the DCOM tax-withholding disposition?

The tax-withholding disposition used a price of $33.34 per DCOM share. Both reported transactions on February 26, 2026, applied this same price when 526 and 822 common shares were withheld to satisfy tax obligations on vested restricted stock.

How many DCOM shares does Christopher J. Porzelt own after the reported transactions?

After the reported tax-withholding transactions, Porzelt directly owned 13,409 DCOM common shares. This post-transaction balance reflects the remaining holdings following the February 26, 2026 withholding of shares for restricted stock tax obligations.

Why were DCOM shares withheld in Christopher J. Porzelt’s Form 4 filing?

The shares were withheld to satisfy tax obligations on vested restricted stock. A Form 4 footnote explains that the 1,348 common shares were retained by the company on February 26, 2026, to cover tax liabilities when those restricted shares vested.