Northfield Bancorp (NFBK) CEO sells shares to cover equity award taxes
Rhea-AI Filing Summary
Northfield Bancorp, Inc. Chairman, President & CEO Steven M. Klein reported routine share sales to cover taxes tied to an equity award vesting. On January 24, 2026, he disposed of 3,957 shares of common stock at $11.89 per share, and on January 26, 2026, he disposed of an additional 2,680 shares at the same price, both coded "F" for tax-withholding related transactions. After these moves, he directly owned 477,305 common shares.
He also reported indirect holdings of common stock, including 55,459.19 shares by an ESOP and 65,806.61 shares by a 401(k), plus 40,000 stock options exercisable at $16.89 per share and expiring on November 1, 2027. The filing notes that some reflected plan transactions are not required to be reported under Section 16, underscoring the administrative nature of these updates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,680 | $11.89 | $32K |
| Tax Withholding | Common Stock | 3,957 | $11.89 | $47K |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares sold by the Reporting Person to satisfy tax obligations in connection with the vesting of an equity award. Reflects transactions not required to be reported pursuant to Section 16 of the Security Exchange Act of 1934, as amended.