NorthEast Community Bancorp leader reports stock awards and options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NorthEast Community Bancorp, Inc. (NECB) Chairman and CEO Kenneth A. Martinek, who is also a director, reported updates to his ownership of company stock on a Form 4. On 11/17/2025, he had shares of common stock withheld at a price of $19.51 in transactions coded “F,” which typically reflect share withholding to cover taxes on equity awards. After these transactions, he reported continued direct ownership of common stock and additional indirect holdings through his spouse, a 401(k), an ESOP, and stock awards. He also reported stock options with an exercise price of $14.08 covering 215,250 shares directly and 25,000 shares indirectly through his spouse, with both grants vesting in five equal annual installments beginning November 17, 2023.
Positive
- None.
Negative
- None.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Martinek Kenneth A
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 8,843 | $19.51 | $173K |
| Tax Withholding | Common Stock | 1,027 | $19.51 | $20K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 59,133 shares (Direct);
Common Stock — 2,939 shares (Indirect, By Spouse);
Stock Option (right to buy) — 215,250 shares (Direct);
Stock Option (right to buy) — 25,000 shares (Indirect, By Spouse)
Footnotes (1)
- The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested. The number of shares held indirectly by Spouse includes certain shares that were previously held by Spouse Stock Award and that have subsequently vested. This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c). Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on November 17, 2023. Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on November 17, 2023.
