Director at NorthEast Community Bancorp (NECB) exercises options and withholds shares for taxes
Rhea-AI Filing Summary
NorthEast Community Bancorp director Charles Michael Cirillo reported several equity transactions in company stock. On March 4, 2026, he exercised a stock option for 7,240 shares, described as a "Stock Option (right to buy)", leaving 28,961 stock options held directly after the exercise.
The exercise produced 7,240 shares of common stock at a stated price of
In addition to these direct holdings, Cirillo is shown with 10,000 common shares held indirectly "By IRA" and 5,792 common shares held indirectly "By Stock Award." Footnotes state that stock awards and stock options granted under the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on
Positive
- None.
Negative
- None.