BUONAIUTO THOMAS 4

What Happened

• Thomas Buonaiuto, Senior Executive Vice President of Flushing Financial (FFIC), received equity awards and had a mix of vesting-related activity recorded on Jan 26–27, 2026. The filing shows a tax-withholding disposition of 414 shares at $16.10 each (total $6,665) and multiple grant/exercise/conversion entries totaling 7,040 shares acquired and 5,000 shares disposed (derivative-related).
• The 414-share disposition was to satisfy tax withholding on vested shares. Separately, 5,000 shares were recorded as disposed because performance-based restricted stock units (PRSUs) from a 2023 grant did not vest. On Jan 27 Buonaiuto was recorded as acquiring 7,040 shares as part of a grant/conversion of equity awards (no cash price reported).

Key Details

• Transaction dates/prices:
  • 2026-01-26: 414 shares withheld for taxes at $16.10/share (cash value $6,665). (Code F)
  • 2026-01-27: Grant/Award of 7,040 shares (no price reported). (Code A)
  • 2026-01-27: Exercise/conversion — 5,000 shares disposed (derivative; non-vested PRSUs cancelled). (Code M)
  • 2026-01-27: Exercise/conversion — 7,040 shares acquired (derivative conversion; no price reported). (Code M)
• Shares owned after the transactions are not stated in the filing. The filing notes shares held in the Flushing Bank 401(k) Savings Plan as of 1/27/26.
• Relevant footnotes from the filing:
  • F1: Shares withheld to satisfy taxes upon vesting.
  • F2: Grant of RSUs that cliff-vest after three years.
  • F3: Shares held in Flushing Bank 401(k) Savings Plan as of 1/27/26.
  • F4: The 5,000-share disposition resulted from non-vesting of PRSUs from the Jan 26, 2023 grant (performance criteria not met).
  • F5: Grant of PRSUs at target level that cliff-vest after a three-year performance period if metrics are achieved.
• Filing timeliness: Form 4 was filed 2026-01-28 for transactions dated 2026-01-26 and 2026-01-27; this appears to be a timely filing.

Context

• The 414-share disposition was a withholding to cover taxes on vested awards — a routine administrative transaction, not an open-market sale. The 5,000-share disposition reflects forfeiture/non-vesting of PRSUs due to missed performance targets, not a sale. The acquisitions recorded on 1/27 are equity awards/derivative conversions (RSUs/PRSUs) rather than purchases with cash; these awards vest subject to time and/or performance conditions.