Flushing Financial (FFIC) EVP reports 37,525-share 401K stock shift
Rhea-AI Filing Summary
Flushing Financial Corp EVP Theresa Kelly reported routine insider activity involving common stock. On May 21, 2026, a discretionary transaction under Rule 16b-3(f) moved 37,525 shares held in the Flushing Bank 401K plan at $15.85 per share in an interplan sale. After these entries, she directly owns 49,447 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 37,525 shares
Net Sell
2 txns
Insider
Kelly Theresa
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Discretionary | Common Stock | 37,525 | $15.85 | $595K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Indirect, 401k);
Common Stock — 49,447 shares (Direct)
Footnotes (1)
- F1. Interplan Sale of shares that were held in Flushing Bank 401K plan as of 5/21/2026.
Key Figures
Discretionary transaction shares: 37,525 shares
Transaction price: $15.85 per share
Direct holdings after transactions: 49,447 shares
+1 more
4 metrics
Discretionary transaction shares
37,525 shares
Common Stock in Flushing Bank 401K plan on May 21, 2026
Transaction price
$15.85 per share
Price applied to 37,525 common shares in 401K transaction
Direct holdings after transactions
49,447 shares
Common Stock directly owned following May 21, 2026 entries
Indirect 401K holdings after transaction
0 shares
Common Stock in Flushing Bank 401K plan after interplan sale
Key Terms
Rule 16b-3(f), discretionary transaction, 401K plan, interplan sale
4 terms
Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
discretionary transaction financial
"transaction_action: "discretionary transaction" under Rule 16b-3(f)"
401K plan financial
"Interplan Sale of shares that were held in Flushing Bank 401K plan"
A 401(k) plan is an employer-sponsored retirement savings account that lets workers set aside part of their paycheck into investments, often with tax breaks and sometimes with matching contributions from the employer. Think of it as a workplace piggy bank that grows through employee contributions, optional company top-ups, and market returns; it matters to investors because it shapes household retirement security, drives large flows of money into public markets, and affects a company’s compensation costs and ability to attract and keep talent.
interplan sale financial
"Interplan Sale of shares that were held in Flushing Bank 401K plan as of 5/21/2026."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did FFIC EVP Theresa Kelly report?
Theresa Kelly reported a discretionary transaction under Rule 16b-3(f). It involved 37,525 shares of Flushing Financial common stock previously held in the Flushing Bank 401K plan, classified as an interplan sale as of May 21, 2026.
Does Theresa Kelly’s FFIC Form 4 show open-market buying or selling?
The Form 4 does not show open-market buy or sell codes. It reports a discretionary transaction under Rule 16b-3(f) and a holding entry, with the main activity being an interplan sale affecting 401K-held shares, not standard market trades.