Dime Commercial (DCOM) Director Basswood Capital Sells Shares

What Happened

• Basswood Capital Management, L.L.C. (listed as a Director / Director-by-Deputization) executed multiple open-market sales of Dime Commercial Bancshares, Inc. (DCOM) common stock. Between Aug 11 and Aug 13, 2026 it sold a total of 48,179 shares at prices ranging from $40.59 to $41.40, generating roughly $1,973,357 in proceeds.
• Individual trades included sales at $40.59 (Aug 11), $40.96 (Aug 12) and $41.40 (Aug 13) in several lots; all transactions are reported as sales (S), i.e., dispositions of shares. Sales are routine dispositions rather than purchases (not a bullish signal).

Key Details

• Transaction dates and prices:
  • Aug 11, 2026: 8,674 shares sold at $40.59 (total ≈ $352,077 — comprised of lots of 8,594 and 80)
  • Aug 12, 2026: 35,335 shares sold at $40.96 (total ≈ $1,530,084 — several lots)
  • Aug 13, 2026: 4,170 shares sold at $41.40 (total ≈ $91,196 — several lots)
  • Aggregate: 48,179 shares; total proceeds ≈ $1,973,357
• Shares owned after the transactions: Not specified in the summary provided here; see the filed Form 4 / Exhibit 99.1 for post-transaction holdings.
• Footnotes/Exhibits: Notes referenced as F1–F9 are included in Exhibit 99.1. Filing also includes Exhibit 99.2 (Joint Filer Info) and Exhibit 99.3 (Signatures).
• Filing timeliness: Report filed Aug 13, 2026 for transactions Aug 11–13, 2026. That filing date appears to be within the standard SEC two-business-day reporting window and thus timely.

Context

• These are open-market sales by an entity listed as a director; sales are common and can reflect portfolio rebalancing, tax planning, or other personal/institutional reasons and do not by themselves indicate company performance. This filing shows no purchases or option exercises—only disposals.
• For full detail (including any explanatory notes in Exhibit 99.1 or whether the filer is a 10% owner), review the complete Form 4 filing (Accession 0000899140-26-000825).