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Dime Community (NASDAQ: DCOM) risk chief granted 2,515 shares, with tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  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
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
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.
withholding of shares financial
"Reflects the withholding of shares to satisfy tax obligations on 1,107 shares of restricted stock that vested on March 31, 2026."
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"
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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 NEW YORK 11788

(City)(State)(Zip)

UNITED STATES

(Country)
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Risk Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock03/31/2026F341(1)D$33.8213,068D
Common Stock03/31/2026F399(2)D$33.8212,669D
Common Stock03/31/2026F265(3)D$33.8212,404D
Common Stock03/31/2026A2,515(4)A$0.0014,919D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the withholding of shares to satisfy tax obligations on 946 shares of restricted stock that vested on March 31, 2026.
2. Reflects the withholding of shares to satisfy tax obligations on 1,107 shares of restricted stock that vested on March 31, 2026.
3. Reflects the withholding of shares to satisfy tax obligations on 737 shares of restricted stock that vested on March 31, 2026.
4. Vests in equal installments on the 1st, 2nd, and 3rd anniversary
Remarks:
Megan Hickey, as attorney in fact04/02/2026
** Signature of Reporting PersonDate
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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Dime Community Bancshares (DCOM) insider Christopher Porzelt report on this Form 4?

Christopher J. Porzelt, Chief Risk Officer of Dime Community Bancshares, reported a grant of 2,515 shares of common stock and related tax-withholding share dispositions. These entries reflect equity compensation and associated tax obligations, rather than open-market buying or selling of DCOM shares.

How many DCOM shares were granted to Christopher Porzelt in this filing?

Christopher Porzelt was granted 2,515 shares of Dime Community Bancshares common stock at a recorded price of $33.82 per share. This equity award vests in equal installments on the first, second, and third anniversaries of the grant date, aligning compensation with multi-year performance.

Why were 1,005 DCOM shares disposed of in Christopher Porzelt’s Form 4?

The 1,005 disposed shares reflect withholding to satisfy tax obligations on restricted stock that vested on March 31, 2026. Shares were withheld in three transactions linked to vesting blocks of 946, 1,107, and 737 shares, rather than being sold in the open market for investment purposes.

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.

How many DCOM shares does Christopher Porzelt hold after these transactions?

After the reported transactions, Christopher Porzelt holds 14,919 shares of Dime Community Bancshares common stock directly. This reflects the net result of the 2,515-share grant and the 1,005 shares withheld for taxes, as indicated by the post-transaction ownership figure in the filing.

How do the new restricted shares for DCOM’s Chief Risk Officer vest over time?

The 2,515 newly awarded DCOM shares to the Chief Risk Officer vest in three equal installments. According to the footnotes, they vest on the first, second, and third anniversaries of the March 31, 2026 grant date, providing a staggered, long-term compensation structure.