Jacobs William R. 4

What Happened
William R. Jacobs, Executive Vice President & Personal Account Officer of Northfield Bancorp, sold a total of 1,425 shares to satisfy tax withholding related to the exercise of stock appreciation rights. On 2026-01-27 he disposed of 943 shares at $11.99 each for $11,307, and on 2026-01-29 he disposed of 482 shares at $12.15 each for $5,856 — total proceeds of $17,163. These sales were tax-withholding/cashless-type dispositions tied to a derivative exercise, not open-market investment sales.

Key Details

• Transaction dates and prices:
  • 2026-01-27: 943 shares @ $11.99 — $11,307
  • 2026-01-29: 482 shares @ $12.15 — $5,856
• Total shares disposed: 1,425; total value: $17,163.
• Shares owned after the transactions: not specified in the filing.
• Footnotes:
  • F1: Shares sold to satisfy tax obligations in connection with an exercise of stock appreciation rights.
  • F2: Reflects transactions not required to be reported pursuant to Section 16 of the Exchange Act.
• Filing date: Form 4 filed 2026-01-29 covering the 1/27 and 1/29 transactions — appears to have been filed timely.

Context
These transactions resulted from exercising stock appreciation rights and selling shares to cover tax withholding (a routine, non-discretionary transaction). Such tax-withholding sales are common after option/SAR exercises and do not necessarily signal a change in the insider’s view of the company.