GRASSI LOUIS C 4

What Happened

• Louis C. Grassi, a director of Flushing Financial Corp (FFIC), was granted 4,800 restricted stock units (RSUs) on 2026-01-30. The award is reported as an acquisition-type transaction (A) on the Form 4; no per-share price or immediate cash value is reported because these are units that convert to common stock upon vesting.

Key Details

• Transaction date: 2026-01-30; Form 4 filed 2026-02-03 (the filing was submitted four days after the grant date, which appears later than the typical 2-business-day deadline for Form 4 filings).
• Amount: 4,800 RSUs granted; price shown as N/A because RSUs are payable in shares at vesting rather than bought or sold on the market now.
• Vesting/footnote: F1 — RSUs payable in common stock upon vesting one year from grant date (vesting on or about 2027-01-30).
• Shares owned after transaction: Not specified in the provided filing details.
• Transaction type: Award/grant (compensation), not an open-market purchase or sale.

Context

• RSU grants to directors are common as compensation and do not represent an immediate purchase or sale of shares; value is realized only if the units vest (and then typically when converted to shares).
• Because these are compensation awards, they are routine corporate governance/compensation activity rather than a direct bullish or bearish trading signal by the insider.