MANDITCH DOUGLAS C 4
Research Summary
AI-generated summary
Flushing Financial (FFIC) Director Douglas Manditch Receives 4,800 RSU Award
What Happened
Douglas C. Manditch, a director of Flushing Financial Corp (FFIC), was granted 4,800 restricted stock units (RSUs) on 2026-01-30. The filing lists the transaction as an award/acquisition (code A); no purchase price or immediate cash value is reported because these are RSUs payable in common stock upon vesting.
Key Details
- Transaction date: 2026-01-30 (Form 4 filed 2026-02-03).
- Transaction type/code: Award/Grant (A).
- Units granted: 4,800 RSUs. Price/value: N/A in filing.
- Shares owned after transaction: not disclosed in the provided excerpt.
- Footnote: F1 — RSUs payable in common stock upon vesting one year from the grant date.
- Filing timeliness: Form 4 was filed on 2026-02-03 (appears timely within SEC’s 2-business-day window).
Context
RSUs are a form of compensation that convert into company shares if vesting conditions are met; these units do not represent immediately tradable shares. Such grants are common for directors and executives and reflect compensation decisions rather than open-market buying or selling.