Director Harrison receives 4,383 units at Northfield Bancorp (NFBK)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northfield Bancorp, Inc. director Harrison Timothy C reported a stock-based award. On February 4, 2026, he acquired 4,383 shares of common stock at $13.69 per share, increasing his directly owned position to 86,696 shares.
The award consists of restricted stock units that vest one year from the grant date. Each unit represents a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock at settlement.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Harrison Timothy C
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,383 | $13.69 | $60K |
Holdings After Transaction:
Common Stock — 86,696 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 Harrison Timothy C?
Northfield Bancorp reported that director Harrison Timothy C received 4,383 shares of common stock on February 4, 2026 at $13.69 per share. This stock-based award increased his directly owned holdings to 86,696 shares after the transaction.
What type of equity award did the Northfield Bancorp (NFBK) director receive?
The director received restricted stock units linked to Northfield Bancorp common stock. Each unit represents a contingent right to receive cash equal to the value of one share of the issuer’s common stock when settled, rather than immediate delivery of stock.
When do the restricted stock units for Northfield Bancorp (NFBK) vest?
The restricted stock units awarded to the Northfield Bancorp director vest one year from the date of grant. Since the grant date was February 4, 2026, the vesting occurs one year later, subject to the award’s terms and any applicable conditions.
Was the Northfield Bancorp (NFBK) director’s transaction a purchase or an award?
The transaction was coded as an acquisition related to an equity award, not an open-market purchase. The director received 4,383 restricted stock units that convert into a cash amount equal to one share’s value, granted at a reference price of $13.69 per share.
What does each restricted stock unit of Northfield Bancorp (NFBK) represent?
Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock. This means the holder receives a cash payment tied to the share price rather than receiving actual shares at vesting.