Fasanella David 4
Research Summary
AI-generated summary
Northfield Bancorp EVP David Fasanella Buys 7,500 Shares
What Happened
David Fasanella, Executive Vice President of Northfield Bancorp, acquired 7,500 shares of NFBK in an open-market purchase on March 19, 2026. The shares were bought at $13.07 per share, for a total transaction value of $98,025. This was a buy (purchase) rather than a sale.
Key Details
- Transaction date and price: 2026-03-19 — 7,500 shares @ $13.07 each.
- Total value: $98,025.
- Transaction type/code: Open-market purchase (P).
- Filing date: 2026-03-20 (filed the day after the transaction); this appears to be timely under Section 16 reporting requirements.
- Shares owned after transaction: not specified in the supplied filing details.
- Relevant footnotes from the filing:
- F1: Notes some transactions were not required to be reported pursuant to Section 16.
- F2: Indicates restricted stock units (RSUs) represent contingent rights to receive cash equal to the value of one share at vesting.
- F3: RSUs (if applicable) vest in three equal annual installments beginning one year after grant.
Context
Purchases by insiders can be interpreted as a positive signal, but they do not prove future performance; retail investors should consider this trade alongside the company’s fundamentals and broader insider activity. The filing includes RSU-related footnotes describing cash-settled units that vest over three years, which are separate from the open-market purchase reported here.