Earnings Feed
Start Free
Northfield Bancorp, Inc.·4

Jul 15, 1:05 PM ET

Jacobs William R. 4

Research Summary

AI-generated summary

Updated

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.