Dime Commercial (DCOM) Director Basswood Capital Sells Shares

What Happened

• Basswood Capital Management, L.L.C., reported as a Director (Director-by-Deputization) of Dime Commercial Bancshares, Inc. (DCOM), sold a total of 84,616 shares in a series of open-market transactions between July 30 and August 3, 2026. The sales ranged from $40.76 to $41.17 per share and totaled approximately $3,457,758.
• Breakdown highlights: 10,929 shares sold on Jul 30 (various lots) for $445,795; 53,000 shares sold on Jul 31 for $2,160,280; and 20,687 shares sold on Aug 3 for $851,683. These were outright sales (S) — typically routine disposition of holdings rather than a purchase.

Key Details

• Transaction dates and prices: Jul 30, 2026 (sales @ $40.79); Jul 31, 2026 (sales @ $40.76); Aug 3, 2026 (sales @ $41.17).
• Total sold: 84,616 shares for ~$3.46 million (average ~ $40.88/share).
• Shares owned after transaction: Not specified in the Form 4 provided.
• Footnotes / exhibits: Filing includes Exhibits 99.1 (Explanation of Responses), 99.2 (Joint Filer Info) and 99.3 (Signatures). Footnotes F1–F9 refer to Exhibit 99.1 for notes.
• Timeliness: Filing date Aug 3, 2026. Transactions span Jul 30–Aug 3 and the Form 4 appears to have been filed within the standard reporting window.

Context

• These were open-market sales by an institutional/management entity identified as a director — not a typical individual executive name. Sales alone are routine and do not by themselves indicate management sentiment about the company. See the filing exhibits for any explanatory notes (e.g., plan-based sales or other details).