Patafio Frank P. 4

What Happened Frank P. Patafio, a director of Northfield Bancorp, Inc. (NFBK), was granted an award of 4,383 restricted stock units (RSUs) on 2026-02-04. The grant is valued at $13.69 per unit for a total grant value of $60,003. This transaction is an award/grant (code A), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-02-04; Form 4 filed 2026-02-05 (timely).
• Grant size and value: 4,383 RSUs × $13.69 = $60,003.
• Vesting: Award vests one year from the grant date (Footnote F1).
• Settlement: Each RSU is a contingent right to receive cash equal to the value of one share (cash‑settled) rather than actual shares (Footnote F2).
• Shares owned after transaction: Not reported in the filing.

Context This was a compensation award common for directors; it does not represent an outright stock purchase and will not immediately increase share count held by the insider. Because these RSUs are cash‑settled and vest after one year, they reflect future compensation tied to the company’s stock price rather than immediate equity ownership.