Lefkowitz Robin 4

What Happened Robin Lefkowitz, Executive Vice President of Northfield Bancorp, was granted 6,939 restricted stock units (RSUs) on 2026-02-04 at an imputed price of $13.69 per unit, totaling $94,995. This transaction is an award (grant) of RSUs rather than an open-market purchase or sale.

Key Details

• Transaction type: Award/Grant (code A)
• Date and value: 2026-02-04 — 6,939 RSUs × $13.69 = $94,995
• Shares owned after transaction: Not reported in the provided filing details
• Vesting and settlement (footnotes):
  • F1: RSUs vest in three equal annual installments beginning one year after grant.
  • F2: Each RSU is a contingent right to receive cash equal to the value of one share (cash-settled).
  • F3: Notes that certain reflected transactions were not required to be reported under Section 16 (as disclosed in the filing).
• Filing timeliness: Report filed 2026-02-05 for a 2026-02-04 grant (filed the next day; no late filing indicated).

Context These RSUs are compensation-related awards that will pay out in cash as they vest (not immediate share ownership). Such grants are common for executive compensation and do not necessarily signal a buy/sell decision by the insider. For investors, cash-settled RSUs increase future cash compensation tied to the company's share price but do not immediately change share count outstanding.