Director at Northfield Bancorp (NFBK) receives 4,383 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northfield Bancorp, Inc. director Frank P. Patafio reported a grant of 4,383 restricted stock units on common stock at a reference price of $13.69 per share. The award vests one year from the grant date and each unit represents a right to receive cash equal to the value of one share of Northfield Bancorp common stock. Following this grant, Patafio beneficially owns 271,745 shares of common stock in direct form.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Patafio Frank P.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,383 | $13.69 | $60K |
Holdings After Transaction:
Common Stock — 271,745 shares (Direct)
Footnotes (1)
- Award vests one year from the date of grant. Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock.
FAQ
What insider transaction did Northfield Bancorp (NFBK) report for Frank P. Patafio?
Northfield Bancorp reported that director Frank P. Patafio received 4,383 restricted stock units linked to its common stock. The units were valued at $13.69 per share for reporting purposes and increase his directly held beneficial ownership to 271,745 common shares after the award.
When did Frank P. Patafio receive the new equity award at Northfield Bancorp (NFBK)?
Frank P. Patafio received the new restricted stock unit award on February 4, 2026. The Form 4 filing lists this as the transaction date for the grant of 4,383 units tied to Northfield Bancorp common stock at a reported price of $13.69 per share.
What are the key terms of Frank P. Patafio’s restricted stock units at Northfield Bancorp (NFBK)?
The award vests one year from the grant date and consists of restricted stock units. Each unit gives Patafio a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock, rather than delivering actual shares at vesting.
Is Frank P. Patafio’s Northfield Bancorp (NFBK) equity award a purchase or a grant?
The Form 4 classifies the transaction as code "A," indicating an acquisition by grant rather than an open-market purchase. Patafio received 4,383 restricted stock units at a reference price of $13.69 per share as part of his director-related compensation.