Northfield Bancorp, Inc.·4/A

Feb 6, 6:13 PM ET

Chapman Gil 4/A

Research Summary

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Northfield Bancorp (NFBK) Director Gil Chapman Receives Award

What Happened

  • Director Gil Chapman received an award of 4,383 restricted stock units (RSUs) on 2026-02-04. The filing lists the acquisition price as $0.00 and classifies the award as a derivative (contingent right to cash based on stock value). This is an award/compensation grant, not an open‑market purchase or sale. The filing is an amended Form 4 and was submitted on 2026-02-06.

Key Details

  • Transaction date: 2026-02-04; Grant type: Award/Grant (code A).
  • Amount: 4,383 restricted stock units; Price: $0.00 (no cash exchanged at grant).
  • Derivative nature: RSUs are cash‑settled — each unit represents a contingent right to cash equal to the value of one share at vesting (Footnote F1).
  • Vesting: Award vests one year from grant (on or about 2027-02-04) (Footnote F2).
  • Shares owned after transaction: Not specified in the filing.
  • Filing status: Amended Form 4 filed 2026-02-06 (no late‑filing flag indicated).

Context

  • These RSUs are compensation and do not represent immediate ownership of common stock; value will depend on NFBK’s share price at vesting and will be paid in cash. Such awards are routine for directors and employees and are different from a buy (bullish signal) or a sale (liquidity or portfolio action).