[Form 4] Northeast Community Bancorp, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Jose M. Collazo, President and COO and a director of NorthEast Community Bancorp (NECB), reported a sale of common stock on 08/26/2025. The filing shows 5,441 shares sold at $22.329 per share, reducing his directly held common stock to 9,372 shares.

The Form 4 also discloses Collazo's remaining equity and derivative holdings: multiple indirect holdings through 401(k) and ESOP accounts totaling 55,326 shares across those accounts, a 32,874-share stock award, and outstanding stock options exercisable into 136,977 shares (direct) plus 12,500 shares (indirect by spouse) with a $14.08 exercise price and 11/17/2032 expiration. The report is signed on 08/27/2025.

Positive

• Continued substantial equity exposure: retains 136,977 directly held stock option shares exercisable at $14.08 and a 32,874-share stock award.
• Indirect retirement/ESOP holdings aggregate meaningfully, including 29,785 and 9,793 shares by 401(k)/ESOP accounts, showing long-term alignment.

Negative

• Sale of common stock: sold 5,441 shares on 08/26/2025 at $22.329 per share, reducing direct holdings to 9,372 shares.

Insights

Financial Analyst

TL;DR: Insider sale of 5,441 shares at $22.329, but significant retained equity and options keep alignment with shareholders.

The sale is a routine liquidity event recorded under Section 16. The amount sold represents a partial disposition relative to Collazo's aggregate beneficial ownership disclosed on the form. Material remaining positions include large stock option holdings exercisable at $14.08 and vested/vesting stock awards, which preserve substantial upside exposure to NECB equity. There is no indication in the filing of any change in executive role or unusual token transactions beyond the single reported sale.

Corporate Governance Expert

TL;DR: Filing documents a permitted sale by an officer/director; governance signals remain intact given continued significant holdings.

The Form 4 documents required disclosure for an insider transaction and includes explanatory notes about exempt acquisitions and vesting schedules under the companys 2022 Equity Incentive Plan. Collazo retains both direct and indirect holdings through retirement and ESOP accounts and substantial stock option exposure, which suggests continued economic alignment with long-term shareholders. The filing contains standard vesting language and no indications of policy breaches or governance concerns.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Collazo Jose M

(Last) (First) (Middle)

325 HAMILTON AVENUE

(Street)

WHITE PLAINS NY 10601

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NorthEast Community Bancorp, Inc./MD/ [ NECB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President and COO

3. Date of Earliest Transaction (Month/Day/Year)
08/26/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/26/2025		S		5,441	D	$22.329	9,372	D
Common Stock								9,793(1)	I	By 401(k)
Common Stock								29,785(1)	I	By ESOP
Common Stock								6,369(1)	I	By Spouse 401(k)
Common Stock								12,768(1)	I	By Spouse ESOP
Common Stock								3,000	I	By Spouse Stock Award(2)
Common Stock								32,874	I	By Stock Award(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$14.08							11/17/2023(4)	11/17/2032	Common Stock	136,977		136,977	D
Stock Option (right to buy)	$14.08							11/17/2023(5)	11/17/2032	Common Stock	12,500		12,500	I	By Spouse

Explanation of Responses:

1. This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).

2. 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.

3. 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.

4. 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.

5. 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.

	/s/ Jose M. Collazo	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did NECB insider Jose M. Collazo report on Form 4?

The Form 4 reports a sale of 5,441 common shares on 08/26/2025 at $22.329 per share and discloses his direct and indirect holdings and option positions.

How many shares does Jose M. Collazo directly and indirectly beneficially own after the transaction?

After the sale, direct ownership is reported as 9,372 shares. Indirect holdings include 9,793 and 29,785 shares in 401(k)/ESOP accounts and additional spouse-held and award-related shares as listed in the filing.

What stock options and exercise price are disclosed for Collazo?

The filing shows stock options exercisable into 136,977 shares (direct) and 12,500 shares (indirect by spouse) with an exercise price of $14.08 and an expiration date of 11/17/2032.

When were the stock awards and options granted to Collazo scheduled to vest?

The filing notes stock awards and options vest in five approximately equal annual installments commencing on 11/17/2023, per the 2022 Equity Incentive Plan descriptions.

When was the Form 4 signed and filed?

The signature block shows the Form 4 was signed by Jose M. Collazo on 08/27/2025.