Rifkin Daniel E 4
Research Summary
AI-generated summary
ConnectOne (CNOB) Director Daniel E. Rifkin Receives Award
What Happened
Daniel E. Rifkin, a director of ConnectOne Bancorp, Inc. (CNOB), was granted 2,528 restricted shares on June 1, 2026. The Form 4 reports the acquisition price as $0.00 because this was a compensation award (restricted stock subject to forfeiture), not an open-market purchase or sale.
Key Details
- Transaction date and price: 2026-06-01; grant reported at $0.00 per share (award/grant, code A).
- Shares granted: 2,528 restricted shares.
- Shares owned after transaction: not specified on the provided summary of the Form 4.
- Vesting/conditions: Footnote indicates the restricted stock vests in full on May 1, 2027.
- Filing timeliness: Form filed 2026-06-03 for a 2026-06-01 transaction — appears to be timely (no late filing flagged).
Context
This was a compensation-related restricted stock grant, which is common for directors and typically vests over time; the shares are subject to forfeiture until the stated vesting date. Such awards reflect compensation, not a market purchase or sale, and do not by themselves indicate the insider’s near-term view on the stock.