NorthEast Community Bancorp CFO sells 3,000 shares
NorthEast Community Bancorp EVP and CFO Donald S. Hom reported selling 3,000 shares of common stock on July 29, 2026 at an average price of $27.1978 per share.
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Form Type
4
Rhea-AI Filing Summary
NorthEast Community Bancorp EVP and CFO Donald S. Hom reported selling 3,000 shares of common stock on July 29, 2026 at an average price of $27.1978 per share. After the sale, he directly owns 4,714 shares, plus indirect ESOP, IRA and stock-award holdings and stock options for 82,164 shares at a $14.08 exercise price vesting annually under the 2022 Equity Incentive Plan. The sale was not reported as made under a Rule 10b5-1 trading plan.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
1 txn
Insider
Hom Donald S
Role
EVP and CFO
Sold
3,000 shs ($82K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $27.1978 | $82K |
| Holding | Stock Option (right to buy) F2 | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,714 shares (Direct);
Stock Option (right to buy) — 82,164 contracts (Direct);
Common Stock — 14,703 shares (Indirect, By ESOP);
Common Stock — 8,952 shares (Indirect, By IRA);
Common Stock — 13,307 shares (Indirect, By Stock Award)
Footnotes (2)
- F1. Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
- F2. Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
Key Figures
Shares sold: 3000.0000 shares
Sale price per share: $27.1978 per share
Direct holdings after sale: 4714.0000 shares
+4 more
7 metrics
Shares sold
3000.0000 shares
Common Stock sale on 2026-07-29 by EVP and CFO Donald S. Hom
Sale price per share
$27.1978 per share
Average price for the 3,000 Common Stock shares sold on 2026-07-29
Direct holdings after sale
4714.0000 shares
Directly owned Common Stock following the reported sale
ESOP indirect holdings
14703.0000 shares
Common Stock held indirectly "By ESOP" after the transaction date
IRA indirect holdings
8952.0000 shares
Common Stock held indirectly "By IRA" after the transaction date
Stock award holdings
13307.0000 shares
Common Stock held indirectly "By Stock Award" under the 2022 Equity Incentive Plan
Option underlying shares
82164.0000 shares
Underlying Common Stock for options at a $14.0800 exercise price expiring 2032-11-17
Key Terms
Stock Option (right to buy), Equity Incentive Plan, ESOP, IRA
4 terms
Stock Option (right to buy) financial
"Security titled "Stock Option (right to buy)" with a $14.0800 exercise price and 2032-11-17 expiry"
Equity Incentive Plan financial
"Stock Awards granted pursuant to the 2022 Equity Incentive Plan vest in five annual installments"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
ESOP financial
"Indirect ownership of Common Stock described as "By ESOP" in the holdings detail"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
IRA financial
"Indirect ownership of Common Stock described as "By IRA" in the holdings detail"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NECB EVP and CFO Donald S. Hom report?
Donald S. Hom reported selling 3,000 shares of NorthEast Community Bancorp common stock on July 29, 2026 at an average price of $27.1978 per share. The transaction was coded as a sale of non-derivative common stock.
Were the NECB CFO’s stock sales made under a Rule 10b5-1 trading plan?
The sale was not reported as being made under a Rule 10b5-1 trading plan. The filing’s Rule 10b5-1 checkbox was left unchecked, indicating the transaction was not affirmed as pursuant to such a pre-arranged plan.
What stock options in NECB does CFO Donald S. Hom hold?
Donald S. Hom holds stock options over 82,164 NECB shares with a $14.0800 exercise price, expiring on November 17, 2032. These options vest in five approximately equal annual installments beginning on November 17, 2023.
What vesting schedule applies to NECB stock awards and options held by the CFO?
Both stock awards and stock options were granted under NECB’s 2022 Equity Incentive Plan and vest in five approximately equal annual installments, commencing on November 17, 2023, according to the filing’s footnotes.
AI-generated analysis. How Rhea-AI works. Not financial advice.
