Bingold Michael 4
Research Summary
AI-generated summary
Flushing Financial (FFIC) Sr. EVP Michael Bingold Withholds 480 Shares
What Happened
- Michael Bingold, Senior Executive Vice President of Flushing Financial Corp (FFIC), had 480 shares withheld to satisfy tax withholding obligations on 2026-01-28. The withholding was recorded at $15.54 per share for a total value of approximately $7,459. This was a tax withholding (F) related to vesting, not an open‑market sale.
Key Details
- Transaction date and price: 2026-01-28; 480 shares withheld at $15.54/share (total ~$7,459).
- Transaction type/code: F — shares withheld to satisfy tax withholding upon vesting.
- Shares owned after transaction: Not specified in this Form 4; footnote notes shares held in the Flushing Bank 401(k) Savings Plan as of 1/27/2026.
- Footnotes: F1 = shares withheld to satisfy taxes upon vesting; F2 = shares held in Flushing Bank 401(k) Savings Plan as of 1/27/2026.
- Filing timing: Report filed 2026-01-30 reporting the 2026-01-28 transaction; filing appears timely.
Context
- This was a routine tax-withholding action accompanying vesting of equity, effectively a disposition of a portion of vested shares to cover taxes. It is not the same as an open-market sale and is typically administrative rather than a signal of insider sentiment.