Northfield Bancorp (NFBK) EVP Jacobs reports tax-withholding stock sales
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northfield Bancorp, Inc. executive William R. Jacobs, EVP & PAO, reported tax-related share transactions in company stock. On 01/27/2026 and 01/29/2026, transactions coded “F” covered 943 and 482 shares at $11.99 and $12.15 to satisfy tax obligations tied to stock appreciation rights.
After these transactions, Jacobs directly held 69,065 common shares. The filing also shows indirect holdings of 35,846.22 shares through an ESOP and 12,718.99 shares through a 401(k), reflecting positions not required to be separately reported as transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Jacobs William R.
Role
EVP & PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 482 | $12.15 | $6K |
| Tax Withholding | Common Stock | 943 | $11.99 | $11K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,065 shares (Direct);
Common Stock — 35,846.22 shares (Indirect, By ESOP)
Footnotes (1)
- Represents shares sold by the Reporting Person to satisfy tax obligations in connection with an exercise of stock appreciation rights. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
FAQ
What did Northfield Bancorp (NFBK) EVP William Jacobs report on this Form 4?
He reported two tax-related share transactions in Northfield Bancorp common stock. These were coded “F,” indicating shares were used to satisfy withholding taxes tied to stock appreciation rights, rather than open-market discretionary sales, and updated his direct and indirect ownership positions.
Are the Northfield Bancorp (NFBK) transactions by William Jacobs open-market sales?
The transactions are coded “F,” meaning they represent shares withheld or sold to cover tax obligations. A footnote explains the shares were used to satisfy taxes related to exercising stock appreciation rights, distinguishing them from discretionary open-market selling for investment reasons.
What indirect Northfield Bancorp (NFBK) holdings does William Jacobs report?
He reports 35,846.22 shares held indirectly through an ESOP and 12,718.99 shares through a 401(k). These positions reflect plan-based ownership rather than directly held stock certificates, and are shown separately from his direct 69,065-share ownership position in the company’s common stock.
What is the role of William Jacobs at Northfield Bancorp (NFBK) according to the filing?
He is identified as an officer of Northfield Bancorp with the title EVP & PAO. The Form 4 confirms he is not a director or 10% owner, but is a corporate executive whose transactions in company stock require reporting under Section 16 rules.