Northfield Bancorp (NFBK) EVP awarded 7,533 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Northfield Bancorp, Inc. executive vice president David Fasanella reported an equity award and updated share holdings. On 02/04/2026, he was granted 7,533 shares of common stock at $13.69 per share, increasing his directly held common stock to 57,457 shares.
The filing also shows indirect ownership of 4,000 common shares through a Roth IRA, 8,106.53 shares through an ESOP and 2,340.02 shares through a 401(k). Footnotes state that these are restricted stock units that vest in three equal annual installments beginning one year after the grant date, each representing a right to cash equal to one share’s value.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Fasanella David
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,533 | $13.69 | $103K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 57,457 shares (Direct);
Common Stock — 4,000 shares (Indirect, Roth IRA)
Footnotes (1)
- Restricted stock units vest in three equal annual installments beginning one year following 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. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
FAQ
What insider transaction did NFBK executive David Fasanella report?
David Fasanella reported a grant of 7,533 shares of Northfield Bancorp common stock at $13.69 per share on 02/04/2026. The award increased his directly held position to 57,457 shares and is structured as restricted stock units tied to the company’s share value.
How do David Fasanella’s restricted stock units in NFBK vest?
The restricted stock units vest in three equal annual installments, beginning one year after the 02/04/2026 grant date. Each unit represents a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock, aligning compensation with the share price over time.
What are David Fasanella’s total direct NFBK common stock holdings after the transaction?
After the 7,533-share grant, David Fasanella directly holds 57,457 shares of Northfield Bancorp common stock. This direct position is separate from his indirect holdings through retirement and employee stock ownership plans, which are reported in additional lines on the same Form 4.
What indirect Northfield Bancorp (NFBK) holdings does David Fasanella report?
He reports 4,000 common shares held indirectly through a Roth IRA, 8,106.53 shares held through an ESOP, and 2,340.02 shares held through a 401(k). These positions are categorized as indirect ownership interests separate from his 57,457 directly held shares.
How is each NFBK restricted stock unit described in the Form 4 filing?
Each restricted stock unit is described as a contingent right to receive cash equal to the value of one share of Northfield Bancorp common stock. This means the compensation is settled in cash based on the share’s value rather than by issuing additional shares directly.