Dime Community (NASDAQ: DCOM) risk chief granted 2,515 shares, with tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dime Community Bancshares Chief Risk Officer Christopher J. Porzelt reported routine equity compensation activity in company stock. He received a grant of 2,515 shares of common stock on March 31, 2026, recorded at a price of $33.82 per share, increasing his direct holdings to 14,919 shares.
On the same date, a total of 1,005 shares were disposed of at $33.82 per share through tax-withholding transactions to satisfy tax obligations on vested restricted stock awards of 946, 1,107, and 737 shares. These were not open-market sales. The new grant vests in equal installments on the first, second, and third anniversaries of the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Porzelt Christopher J
Role
Chief Risk Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 341 | $33.82 | $12K |
| Tax Withholding | Common Stock | 399 | $33.82 | $13K |
| Tax Withholding | Common Stock | 265 | $33.82 | $9K |
| Grant/Award | Common Stock | 2,515 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,068 shares (Direct)
Footnotes (1)
- Reflects the withholding of shares to satisfy tax obligations on 946 shares of restricted stock that vested on March 31, 2026. Reflects the withholding of shares to satisfy tax obligations on 1,107 shares of restricted stock that vested on March 31, 2026. Reflects the withholding of shares to satisfy tax obligations on 737 shares of restricted stock that vested on March 31, 2026. Vests in equal installments on the 1st, 2nd, and 3rd anniversary
Key Figures
Restricted stock grant: 2,515 shares
Tax-withholding shares: 1,005 shares
Recorded share price: $33.82 per share
+4 more
7 metrics
Restricted stock grant
2,515 shares
Common stock award to Chief Risk Officer on March 31, 2026
Tax-withholding shares
1,005 shares
Shares withheld to satisfy tax obligations on vested restricted stock
Recorded share price
$33.82 per share
Price used for grant and tax-withholding entries on March 31, 2026
Post-transaction holdings
14,919 shares
Direct common stock owned by Christopher Porzelt after reported transactions
First tax-withholding lot
341 shares
Withheld to cover taxes on 946 vested restricted shares
Second tax-withholding lot
399 shares
Withheld to cover taxes on 1,107 vested restricted shares
Third tax-withholding lot
265 shares
Withheld to cover taxes on 737 vested restricted shares
Key Terms
restricted stock, withholding of shares, tax obligations, Grant, award, or other acquisition, +1 more
5 terms
restricted stock financial
"Reflects the withholding of shares to satisfy tax obligations on 946 shares of restricted stock that vested on March 31, 2026."
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax obligations financial
"Reflects the withholding of shares to satisfy tax obligations on 737 shares of restricted stock that vested on March 31, 2026."
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
vests in equal installments financial
"Vests in equal installments on the 1st, 2nd, and 3rd anniversary"
FAQ
What does transaction code "F" mean in the DCOM Form 4 for Christopher Porzelt?
Transaction code "F" on this Form 4 indicates a tax-withholding disposition, where shares are delivered to cover tax liabilities. For Christopher Porzelt, three F-code entries show 1,005 shares withheld at $33.82 per share, tied to vesting restricted stock awards on March 31, 2026.