Executive at Northfield Bancorp (NFBK) granted 13,879 cash-settled RSUs
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
An executive vice president of Northfield Bancorp, Inc. (NFBK) reported an equity compensation grant on a Form 4/A. On 02/04/2026, the executive received 13,879 restricted stock units (RSUs), each representing a contingent right to cash equal to the value of one share of common stock on the vesting date.
The RSUs vest in three equal annual installments, beginning one year after the grant date, creating a staggered three-year vesting schedule. The filing also shows existing holdings of common stock directly and through a 401(k) and ESOP, and 40,000 stock options exercisable at $18.44 per share until 11/16/2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Lefkowitz Robin
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,879 | $0.00 | -- |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 13,879 shares (Direct);
Stock Options — 40,000 shares (Direct);
Common Stock — 26,957 shares (Direct);
Common Stock — 25,668.09 shares (Indirect, By 401(k))
Footnotes (1)
- Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended. Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock on date of vesting. Restricted stock units vest in three equal annual installments beginning one year following the date of grant.
FAQ
What insider transaction did Northfield Bancorp (NFBK) report on this Form 4/A?
Northfield Bancorp reported an executive vice president receiving 13,879 restricted stock units as equity compensation. The units are cash-settled based on the value of one share of common stock at vesting, and were granted on February 4, 2026.
How many restricted stock units were granted to the Northfield Bancorp EVP?
The executive vice president was granted 13,879 restricted stock units. Each unit represents a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock on the vesting date, aligning pay with the company’s share price performance.
What is the vesting schedule for the 13,879 RSUs at Northfield Bancorp (NFBK)?
The 13,879 restricted stock units vest in three equal annual installments. Vesting begins one year after the February 4, 2026 grant date, meaning the award will fully vest over a three-year period, encouraging longer-term retention and performance alignment for the executive.
How are the Northfield Bancorp RSUs settled according to the filing?
Each restricted stock unit will be settled in cash, not shares, equal to the value of one share of Northfield Bancorp common stock on the vesting date. This structure tracks the stock price while paying the executive in cash when units vest.
What other equity holdings for the Northfield Bancorp executive are disclosed?
The filing shows direct ownership of common stock, additional amounts held through a 401(k) plan and an ESOP, and 40,000 stock options. Those options have an exercise price of $18.44 per share and expire on November 16, 2026, indicating previously granted long-term incentives.
Is this Northfield Bancorp Form 4/A reporting a stock sale or a grant?
The Form 4/A reports an equity grant, not a sale. It discloses the award of 13,879 restricted stock units to an executive vice president on February 4, 2026, along with the vesting terms and the executive’s existing stock, plan holdings, and stock options.