Northfield EVP buys 7,500 shares in open market
Northfield Bancorp, Inc. executive David Fasanella, EVP, bought 7,500 shares of Common Stock in an open-market transaction at $13.07 per share.
Sentiment and the balance of points
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Rhea-AI Filing Summary
Northfield Bancorp, Inc. executive David Fasanella, EVP, bought 7,500 shares of Common Stock in an open-market transaction at $13.07 per share. The shares were acquired indirectly through a Roth IRA, bringing that account’s holdings to 11,500 shares.
He also reports additional direct and indirect Common Stock holdings and 15,066 restricted stock units, which represent a right to receive cash equal to the value of one share of Northfield common stock on the vesting date, vesting in three equal annual installments.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 7,500 | $13.07 | $98K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- F2. Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock in date of vesting.
- F3. Restricted stock units vest in three equal annual installments beginning one year following the date of grant.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Northfield Bancorp (NFBK) report for David Fasanella?
Was the Northfield Bancorp (NFBK) insider trade a buy or a sell?
How were restricted stock units described in the Northfield Bancorp (NFBK) Form 4?
Does the Northfield Bancorp (NFBK) filing show any derivative positions for the EVP?
AI-generated analysis. How Rhea-AI works. Not financial advice.