Northfield Bancorp, Inc.·4/A

Feb 6, 6:13 PM ET

Connors John P Jr 4/A

Research Summary

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Updated

Northfield Bancorp (NFBK) Director John Connors Receives RSU Award

What Happened

  • John P. Connors Jr., a director of Northfield Bancorp, was granted 4,383 restricted stock units (RSUs) on 2026-02-04. The award is reported as an acquisition of a derivative instrument at $0.00 (no cash paid) and is recorded in an amended Form 4 filed 2026-02-06.
  • This is a compensation award (not an open‑market purchase or sale). The award itself does not represent immediate stock ownership or proceeds; it converts to a cash payment equal to the stock value at vesting (per footnote).

Key Details

  • Transaction date: 2026-02-04; Filing (amendment) date: 2026-02-06.
  • Security and amount: 4,383 RSUs granted, reported as derivative acquisition (code A) at $0.00.
  • Shares owned following transaction: Not disclosed in this filing.
  • Footnotes: Each RSU entitles the holder to receive cash equal to one share’s value at vesting (F1). The award vests one year from the grant date (F2).
  • Filing status: This is an amended Form 4; no late‑filing flag is indicated.

Context

  • RSU awards are compensation and don’t necessarily signal the insider buying shares; they typically vest over time and may be subject to company compensation policies and withholding. Here, the RSUs will convert to cash equal to the stock price at vesting rather than delivering shares.