McKenzie John F 4
Research Summary
AI-generated summary
NorthEast Community Bancorp (NECB) Director John F. McKenzie Sells 3,000 Shares
What Happened John F. McKenzie, a director of NorthEast Community Bancorp, sold 3,000 common shares in an open-market transaction on March 5, 2026. The shares were sold at $23.85 each for a total proceeds of $71,550. This was a sale (disposition) rather than a purchase or option exercise.
Key Details
- Transaction date: 2026-03-05
- Transaction type/code: Open market sale (S)
- Price per share: $23.85
- Total value: $71,550
- Shares owned after the transaction: Not reported in the provided filing summary
- Filing date: 2026-03-06 (filed one day after the transaction; appears to be timely)
- Footnotes:
- F1: Stock awards under the 2022 Equity Incentive Plan vest in five equal annual installments beginning Sept 30, 2023.
- F2: Stock options under the 2022 Equity Incentive Plan vest in five roughly equal annual installments beginning Sept 30, 2023.
Context Sales by directors can be routine (for diversification, liquidity, tax reasons, etc.) and do not alone indicate material change in company outlook. This filing reports a straightforward open-market sale; no option exercise, gift, or 10b5-1 plan was disclosed in the provided details.