Director at Northfield Bancorp (NFBK) awarded 4,383 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northfield Bancorp, Inc. reported that one of its directors received an award of 4,383 restricted stock units on 02/04/2026, valued at $13.69 per unit. Each unit represents a right to receive cash equal to the value of one share of common stock and vests one year from the grant date.
After this award, the director beneficially owns 172,952 shares of common stock directly, plus 33,181 through one IRA, 7,041 through another IRA, and 841 through a spouse's IRA.
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FAQ
What insider transaction did Northfield Bancorp (NFBK) report on February 4, 2026?
Northfield Bancorp reported that a director received 4,383 restricted stock units on February 4, 2026 at $13.69 per unit. These units are tied to the value of the company’s common stock and increase the director’s overall beneficial holdings.
How do the Northfield Bancorp (NFBK) restricted stock units work for this director?
Each restricted stock unit gives the director a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock. The award vests one year from the grant date, aligning the director’s compensation with the company’s share value over that period.
What indirect Northfield Bancorp (NFBK) holdings does the director report?
The director reports 33,181 shares held through one IRA, 7,041 shares through a second IRA, and 841 shares through a spouse’s IRA. These positions are listed as indirect beneficial ownership interests in Northfield Bancorp common stock.
What vesting schedule applies to the 4,383 restricted stock units at Northfield Bancorp (NFBK)?
The 4,383 restricted stock units vest one year from the grant date of February 4, 2026. This one-year vesting period means the director must remain eligible during that time to realize the cash value tied to the company’s common stock price.
Is the reported Northfield Bancorp (NFBK) director transaction a purchase or an award?
The transaction is an award of 4,383 restricted stock units coded as an acquisition. It reflects stock-based compensation rather than an open-market purchase, with each unit linked to the value of one share of Northfield Bancorp common stock.