CATINO ANNETTE 4
Research Summary
AI-generated summary
Northfield Bancorp (NFBK) Director Annette Catino Receives Award
What Happened
Annette Catino, a director of Northfield Bancorp, received an award of 4,383 restricted stock units (RSUs) on February 4, 2026. The filing lists a per-unit value of $13.69, for a total reported value of $60,003. This was an equity award (code A) as part of compensation, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-04; filing date (Form 4): 2026-02-05 (timely filing).
- Award: 4,383 RSUs @ $13.69 per unit; total reported value $60,003.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnotes:
- F1: Award vests one year from the grant date (i.e., around Feb 4, 2027).
- F2: Each RSU represents a contingent right to receive cash equal to the value of one share of the issuer’s common stock (these RSUs pay out in cash rather than actual shares).
- Transaction code: A = Award/Grant.
Context
This is a compensatory grant to a director and should be viewed as routine equity compensation rather than an open-market buy or sell. Because these RSUs are payable in cash upon vesting, they are a deferred cash-equivalent award tied to the company’s stock price at payout.