Chapman Gil 4

What Happened Gil Chapman, a director of Northfield Bancorp, received an award of 4,383 restricted stock units (RSUs) on 2026-02-04. The grant is reported at an imputed price of $13.69 per share, for a total reported value of $60,003. This was an award/other acquisition (code A) — a compensation grant, not an open-market purchase.

Key Details

• Transaction date and price: 2026-02-04 at $13.69 per RSU.
• Shares/units granted: 4,383 RSUs; total reported value $60,003.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — award vests one year from the grant date; F2 — each RSU is a contingent right to receive cash equal to the value of one share of the issuer’s common stock (cash-settled).
• Filing timeliness: Report filed 2026-02-05 for a 2026-02-04 grant (timely within Form 4 reporting window).

Context These RSUs are compensation that will convert to a cash payment equal to the stock value when they vest (one year after grant). Because the award is cash-settled and vests in the future, it is a compensation event rather than a buy or sell that directly signals an immediate trading position.