NorthEast Community Bancorp EVP & CFO reports equity changes
Rhea-AI Filing Summary
NorthEast Community Bancorp (NECB) executive vice president and CFO reported routine equity activity. On 11/17/2025, a Form 4 shows a transaction coded “F,” indicating 2,698 shares of common stock were withheld at a price of $19.51, typically for tax purposes, leaving 9,714 shares held directly. The officer also reports indirect holdings of 12,889 shares through an ESOP, 8,952 shares through an IRA, and 13,307 shares as stock awards. In addition, the officer holds a stock option granted at an exercise price of $14.08 covering 82,164 shares of common stock, exercisable in installments beginning 11/17/2023 and expiring on 11/17/2032.
Positive
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Negative
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FAQ
What insider transaction did NECB report on this Form 4?
The filing reports a transaction coded “F” on 11/17/2025, where 2,698 shares of NorthEast Community Bancorp common stock were withheld at $19.51 per share, typically reflecting shares withheld to cover taxes.
How many NECB shares does the reporting officer hold directly after the transaction?
Following the reported withholding, the officer beneficially owns 9,714 shares of NorthEast Community Bancorp common stock in direct ownership.
What indirect NECB share holdings are disclosed for the reporting officer?
The officer reports indirect ownership of 12,889 shares through an ESOP, 8,952 shares through an IRA, and 13,307 shares as stock awards granted under the 2022 Equity Incentive Plan.
What stock options are reported on this NECB Form 4?
The officer holds a stock option with an exercise price of $14.08 per share covering 82,164 shares of common stock, vesting in five approximately equal annual installments commencing on 11/17/2023 and expiring on 11/17/2032.
What is the reporting person’s role at NorthEast Community Bancorp (NECB)?
The reporting person is an officer of NorthEast Community Bancorp, serving as EVP and CFO, as indicated in the relationship section of the filing.
Under which equity plan were NECB stock awards and options granted?
The stock awards and stock options were granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan, with both awards vesting in five approximately equal annual installments beginning on 11/17/2023.