Flushing Financial (FFIC) SEVP reports new RSU and PRSU grants
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Flushing Financial Corp SEVP Douglas J. McClintock reported routine equity compensation and tax-related transactions in company common stock. On January 26, 2026, 166 shares were withheld at $16.10 per share to cover taxes upon vesting.
On January 27, 2026, he acquired 2,000 common shares through a grant of RSUs that cliff vest after three years, and derivative entries reflect the non-vesting and replacement grant of 2,000 performance-based RSUs tied to three-year performance criteria. Following these actions, he directly owned 11,867 shares and indirectly held 892 shares through the Flushing Bank 401(k) Savings Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,000 shares exercised/converted
Mixed
5 txns
Insider
McClintock Douglas J
Role
SEVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 2,000 | $0.00 | -- |
| Exercise | Common Stock | 2,000 | $0.00 | -- |
| Grant/Award | Common Stock | 2,000 | $0.00 | -- |
| Tax Withholding | Common Stock | 166 | $16.10 | $3K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct);
Common Stock — 892 shares (Indirect, 401k)
Footnotes (1)
- Shares withheld to satisfy taxes upon vesting. Grant of RSUs which cliff vest at end of three year period. Shares held in Flushing Bank 401(k) Savings Plan a/o 1/27/26. Disposition resulted from non-vesting of an equal number of PRSUs, due to performance criteria not being met, from the January 26, 2023 grant. 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 SEVP Douglas J. McClintock report?
Douglas J. McClintock reported tax withholding on vested shares and new equity awards. He had 166 shares withheld at $16.10 for taxes and received 2,000 restricted stock units that cliff vest after three years, plus a 2,000-share performance-based RSU grant.
What is the nature of the RSU grant reported by FFIC SEVP McClintock?
McClintock received a grant of 2,000 restricted stock units that cliff vest at the end of a three-year period. Cliff vesting means all units vest at once after three years, rather than gradually over time, subject to continued service conditions.
What happened to McClintock’s performance-based RSUs (PRSUs) in this FFIC Form 4?
The filing shows 2,000 PRSUs from a January 26, 2023 grant did not vest because performance criteria were not met. At the same time, McClintock received a new grant of 2,000 PRSUs at target level, which may vest after three years if performance metrics are achieved.