4Filed Jul 14, 8:00 PM ET
Northfield Bancorp (NFBK) CEO Steven M. Klein Sells 9,732 Shares
$NFBK · Northfield Bancorp, Inc.Research Summary
AI-generated summary of this SEC filing
Northfield Bancorp (NFBK) CEO Steven M. Klein Sells 9,732 Shares
What Happened
Steven M. Klein, Chairman, President & CEO and a director of Northfield Bancorp (NFBK), disposed of 9,732 shares on 2026-07-14 at $14.72 per share, for proceeds of approximately $143,255. The transaction was a sale to satisfy tax obligations tied to accelerated vesting of previously issued restricted stock—not an independent open-market sale for investment purposes.
Key Details
- Transaction date and price: 2026-07-14 — 9,732 shares at $14.72 each (≈ $143,255).
- Transaction code: F — sale to satisfy tax withholding/tax liability in connection with vesting.
- Footnote F1: Confirms shares were sold to satisfy tax obligations from accelerated vesting of restricted stock.
- Footnote F2: Indicates certain reflected transactions may not be subject to Section 16 reporting requirements.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Reported on 2026-07-15 (one day after the transaction), indicating a timely filing.
Context
This was a tax-withholding sale related to vested restricted stock (a routine corporate administrative transaction) rather than a discretionary sale suggesting a change in insider sentiment. Transaction code F generally denotes shares sold to cover tax withholding or exercise-related tax obligations.