Jacobs William R. 4
4 · Northfield Bancorp, Inc. · Filed Jul 15, 2026
Research Summary
AI-generated summary of this filing
Northfield Bancorp (NFBK) EVP William R. Jacobs Sells 4,118 Shares
What Happened
William R. Jacobs, Executive Vice President & PAO of Northfield Bancorp (NFBK), had 4,118 shares disposed on July 14, 2026 at $14.72 per share, totaling approximately $60,617. The shares were sold to satisfy tax obligations tied to the accelerated vesting of previously issued restricted stock units — a routine tax-withholding sale rather than an opportunistic open-market trade.
Key Details
- Transaction date and price: July 14, 2026 — 4,118 shares at $14.72 per share (total ≈ $60,617).
- Transaction code: F (sale to satisfy tax withholding).
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: July 15, 2026 (filed the day after the transaction; within standard Form 4 reporting window).
- Relevant footnotes from the filing:
- F1: Shares sold to satisfy tax obligations from accelerated vesting of restricted stock.
- F2: Notes some related transactions may not be required to be reported under Section 16.
- F3: Each restricted stock unit (RSU) represents a contingent right to receive cash equal to one share.
- F4: RSUs vest in three equal annual installments starting one year after grant.
Context
This was a tax-withholding disposal tied to RSU vesting (not an open-market discretionary sale). For retail investors, such sales are typically routine administrative actions to cover tax liability and do not necessarily signal the insider’s view on the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-07-14$14.72/sh−4,118$60,617→ 64,947 total
- 38,613.64(indirect: By ESOP)
Common Stock
[F2] - 12,949.11(indirect: By 401(k))
Common Stock
[F2] - 15,888
Restricted Stock Units
[F3][F4]→ Common Stock (15,888 underlying)
Footnotes (4)
- [F1]Represents shares sold by the Reporting Person to satisfy tax obligations in connection with the accelerated vesting of restricted stock previously issued.
- [F2]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F3]Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock
- [F4]Restricted stock units vest in three equal annual installments beginning one year following the date of grant.