FFIC Sr. EVP reports new RSU and PRSU grants
Flushing Financial Corp (FFIC) senior executive Michael Bingold reported equity compensation and related share changes.
Rhea-AI Filing Summary
Flushing Financial Corp (FFIC) senior executive Michael Bingold reported equity compensation and related share changes. On January 26, 2026, 687 shares of common stock were withheld at $16.10 per share to cover taxes upon vesting. On January 27, 2026, he received a grant of 7,040 restricted stock units (RSUs) that cliff vest after three years, and a separate grant of 7,040 performance-based RSUs (PRSUs) that may vest at the end of a three-year performance period if stated metrics are achieved.
The filing also shows 8,300 PRSUs were forfeited because performance criteria from a January 26, 2023 grant were not met. After these transactions, Bingold beneficially owns 58,509 shares of common stock directly and 10,298 shares indirectly through the Flushing Bank 401(k) Savings Plan as of January 27, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 8,300 | $0.00 | $0.00 |
| Exercise | Common Stock | 7,040 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 7,040 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 687 | $16.10 | $11K |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Shares withheld to satisfy taxes upon vesting.
- F2. Grant of RSUs which cliff vest at end of three year period.
- F3. Shares held in Flushing Bank 401(k) Savings Plan a/o 1/27/2026.
- F4. Disposition resulted from non-vesting of an equal number of PRSUs, due to performance criteria not being met, from the January 26, 2023 grant.
- F5. Grant of PRSUs, at target level, which cliff vest at the end of the three year performance period if certain performance metrics are achieved.
FAQ
What insider transactions did FFIC executive Michael Bingold report on January 26–27, 2026?
How many FFIC RSUs were granted to Sr. EVP Michael Bingold in this Form 4?
Why were 8,300 FFIC performance-based RSUs forfeited in Bingold’s filing?
What does the tax withholding transaction in FFIC’s Form 4 represent?
How are Michael Bingold’s indirect FFIC holdings structured in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.