Tsavaris Steven 4

What Happened

• Steven Tsavaris, Executive Chairman and Director of Ponce Financial Group, received multiple equity awards on January 22, 2026. The filing shows a grant of 15,000 restricted stock units (RSUs) listed at $0 and several derivative awards (stock option grants) totaling approximately $270,930 in aggregate grant value. The derivative grants include multiple option tranches with strike/pricing shown at $16.88, $18.57, $18.91, $19.24, $19.58, and $19.92 per share. These are compensation awards (not open-market purchases or sales).

Key Details

• Transaction date: January 22, 2026; Form 4 filed January 26, 2026 (filed on the typical 2-business-day schedule).
• Awards granted:
  • 15,000 RSUs @ $0 (restricted stock units)
  • 1,500 options @ $18.57 (value shown $27,855)
  • 1,500 options @ $18.91 (value shown $28,365)
  • 1,500 options @ $19.24 (value shown $28,860)
  • 1,500 options @ $19.58 (value shown $29,370)
  • 1,500 options @ $19.92 (value shown $29,880)
  • 7,500 options @ $16.88 (value shown $126,600)
  • Approximate aggregate shown value of derivative awards: $270,930
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Notable footnotes from the filing:
  • F1: RSUs vest annually at 20% per year beginning January 22, 2027.
  • F2: Reflects ESOP allocations/dispositions since the reporting person’s last ownership report.
  • F3: Certain stock options vest annually at 20% starting January 22, 2027.
  • F4: Other stock options vest annually at 20% per year commencing December 4, 2019.
• Filing timeliness: Filed Jan 26, 2026 for a Jan 22, 2026 transaction — within the standard Form 4 reporting window.

Context

• These entries are grants/awards (compensation) rather than purchases or sales; they reflect the company granting RSUs and option tranches that vest over time. Such awards are routine as part of executive compensation and do not by themselves indicate the insider buying or selling shares on the open market.