Northfield Bancorp, Inc.·4

Jan 27, 3:42 PM ET

Klein Steven M 4

Research Summary

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Northfield Bancorp (NFBK) CEO Steven Klein Sells Shares

What Happened

  • Steven M. Klein, Chairman, President & CEO (and Director) of Northfield Bancorp, reported the disposition of 6,637 shares related to the vesting of an equity award. The filing shows two withholding/sale events: 3,957 shares at $11.89 each for $47,049 (2026-01-24) and 2,680 shares at $11.89 each for $31,865 (2026-01-26), totaling about $78,914. These were disposals to satisfy tax obligations (routine withholding), not open-market investment sales.

Key Details

  • Transaction dates and prices:
    • 2026-01-24: 3,957 shares sold at $11.89 — $47,049
    • 2026-01-26: 2,680 shares sold at $11.89 — $31,865
  • Total shares disposed: 6,637; total proceeds ~ $78,914.
  • Shares owned after the reported transactions: not specified in the filing.
  • Footnotes:
    • F1: Shares sold to satisfy tax obligations upon vesting of an equity award.
    • F2: Indicates transactions not required to be reported under Section 16 (per the filing).
  • Filing timeliness: Report filed 2026-01-27 for transactions dated 2026-01-24 and 2026-01-26; filing appears timely.

Context

  • These disposals were tax-withholding sales tied to equity award vesting (a common, routine practice) rather than discretionary open-market sales for investment reasons. Such transactions generally do not by themselves indicate the insider’s market view.