Kessler Karen J. 4/A
Research Summary
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Northfield Bancorp (NFBK) Director Karen J. Kessler Receives Award
What Happened Karen J. Kessler, a director of Northfield Bancorp, was granted 4,383 restricted stock units (RSUs) on 2026-02-04. The grant is reported as a derivative award with a $0.00 per-share acquisition price (standard for grants); the award will be settled in cash equal to the value of one share at vesting. This is a compensation award, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-02-04; Amended Form 4 filed 2026-02-06.
- Award: 4,383 restricted stock units; reported acquisition price $0.00 (derivative).
- Vesting: Footnote states the award vests one year from the date of grant.
- Settlement: Footnote indicates each RSU is a contingent right to receive cash equal to one share’s value at vesting (cash-settled).
- Shares owned after transaction: Not disclosed on the filing.
- Timeliness: Filed within two business days of the reported transaction; filing is marked as amended (check Form 4 for what was corrected).
Context RSU grants are common director/executive compensation and do not represent an immediate purchase or sale of stock. Because these RSUs are cash-settled and vest in one year, they signal future compensation potential but do not directly indicate current buying or selling pressure.