Basswood Financial Fund, Ltd. 4

What Happened

• Basswood Capital Management, L.L.C. (listed as a director / director‑by‑deputization) disposed of a total of 44,402 Dime Commercial Bancshares (DCOM) shares in open‑market sales between June 12 and June 16, 2026. The sales totaled approximately $1,762,608.
• Sales were executed at prices ranging from $39.29 to $40.08. Daily breakdown: June 12 — 15,870 shares for $636,070; June 15 — 14,513 shares for $575,731; June 16 — 14,019 shares for $550,807.
• These transactions are sales (dispositions), which are typically routine portfolio or liquidity actions rather than purchases (which are often viewed as a more direct bullish signal).

Key Details

• Transaction dates & prices: June 12, 2026 (prices at $40.08); June 15, 2026 (prices at $39.67); June 16, 2026 (prices at $39.29).
• Total shares sold: 44,402; total proceeds: about $1,762,608.
• Shares owned after the transactions: Not specified in the excerpt provided.
• Footnotes F1–F9 reference additional notes included in Exhibit 99.1 of the filing; see Exhibit 99.1 for explanations. Exhibit 99.2 contains joint filer info; Exhibit 99.3 contains signatures.
• Filing timeliness: Form filed on June 16, 2026 covering transactions dated June 12–16, 2026; the filing date appears to be within the standard Form 4 reporting window.

Context

• The filer here is an investment manager entity (Basswood Capital Management, L.L.C.), not necessarily an individual insider executing personal trades; institutional sales can reflect portfolio management rather than a personal view on the company.
• All transactions are coded as "S" (sales). No option exercises, awards, or gifts are reported in this filing excerpt.