Dime Commercial Bancshares (DCOM) Director Raymond A. Nielsen Sells 1,800 Shares

What Happened

• Raymond A. Nielsen, a director of Dime Commercial Bancshares, sold 1,800 shares in an open-market transaction on August 6, 2026. The shares were sold at $41.73 each, for a total proceeds of approximately $75,113. The Form 4 reports the transaction as a sale (code S).

Key Details

• Transaction date: 2026-08-06; reported on Form 4 filed 2026-08-07 (timely filing).
• Price per share: $41.73; total value: ~$75,113.
• Transaction type: Open-market sale (listed on the filing as "Open market or private sale").
• Shares owned after transaction: Not specified in the information provided in this summary.
• No footnotes in the provided data indicating a 10b5-1 plan, tax withholding, gift, or option exercise.

Context

• Sales by directors can be routine (diversification, liquidity, tax reasons) and do not necessarily signal a change in company outlook; this filing is a straightforward disposal of shares rather than an acquisition or option exercise.