Director at Northfield Bancorp (NFBK) awarded 4,383 cash-settled restricted stock units
Rhea-AI Filing Summary
Northfield Bancorp, Inc. reported an updated insider ownership filing for one of its directors. After the reported activity, the director beneficially owns 82,313 shares of Northfield Bancorp common stock directly. The filing also shows an award of 4,383 restricted stock units granted on 02/04/2026, each representing a contingent right to receive cash equal to the value of one share of common stock on the vesting date. These restricted stock units vest one year from the date of grant, and the director now holds 4,383 such units as a derivative security, in addition to the directly held common shares.
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FAQ
What insider transaction was reported for Northfield Bancorp (NFBK) in this Form 4/A?
The filing reports an updated insider ownership position for a director of Northfield Bancorp. It shows a grant of 4,383 restricted stock units on 02/04/2026 and confirms direct ownership of 82,313 common shares following the reported transactions.
How many Northfield Bancorp (NFBK) shares does the director own after this filing?
After the reported transactions, the director beneficially owns 82,313 shares of Northfield Bancorp common stock directly. In addition, the director holds 4,383 restricted stock units that are tied to the value of Northfield Bancorp common stock upon vesting.
What are the terms of the 4,383 restricted stock units in the Northfield Bancorp (NFBK) filing?
The filing states that each of the 4,383 restricted stock units represents a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock on the vesting date. The award vests one year from the grant date.
When do the restricted stock units granted to the Northfield Bancorp (NFBK) director vest?
The award of 4,383 restricted stock units granted on 02/04/2026 vests one year from the date of grant. On that vesting date, each unit entitles the holder to cash equal to the value of one share of Northfield Bancorp common stock.
How is the restricted stock unit award in the Northfield Bancorp (NFBK) filing settled?
According to the filing, each restricted stock unit represents a contingent right to receive cash, not stock, equal to the value of one share of Northfield Bancorp common stock on the vesting date, rather than delivering actual shares.
Is the derivative security in the Northfield Bancorp (NFBK) Form 4/A held directly or indirectly?
The filing describes the 4,383 restricted stock units as a derivative security held with direct ownership. The associated underlying amount is 4,383 shares of common stock for valuation purposes upon vesting of the units.