Fasanella David 4/A
4/A · Northfield Bancorp, Inc. · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Northfield (NFBK) EVP David Fasanella Receives RSU Award
What Happened
David Fasanella, Executive Vice President of Northfield Bancorp, was granted 15,066 restricted stock units (RSUs) on February 4, 2026. The award is reported as a derivative acquisition (code A) with an acquisition price of $0.00. Each RSU represents a contingent right to receive cash equal to the value of one share at vesting (per the filing footnote).
Key Details
- Transaction date: 2026-02-04 (reported on an amended Form 4 filed 2026-02-06).
- Security/amount: 15,066 restricted stock units (derivative award).
- Price: $0.00 (no purchase price; RSUs are compensation).
- Vesting: RSUs vest in three equal annual installments beginning one year after the grant (footnote F3).
- Settlement: Each RSU pays cash equal to one share’s value at vesting (footnote F2).
- Footnote F1 notes these transactions reflect items not required to be reported under Section 16 (as stated in the filing).
- Shares owned after the transaction: Not specified in the provided filing excerpt.
- Timeliness: This is an amended filing; no late-filing flag is indicated in the provided data.
Context: This is a typical restricted stock unit compensation award (deferred cash tied to the company’s share price at vesting), not an open-market purchase or sale. Such grants are common for executives as part of pay/retention and do not by themselves signal a buy or sell decision by the insider.
Insider Transaction Report
- Award
Restricted Stock Units
[F2][F3]2026-02-04+15,066→ 15,066 total→ Common Stock (15,066 underlying)
- 49,924
Common Stock
- 4,000(indirect: By IRA)
Common Stock
- 8,106.53(indirect: ESOP)
Common Stock
[F1] - 2,340.02(indirect: By 401(k))
Common Stock
[F1]
Footnotes (3)
- [F1]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock on date of vesting.
- [F3]Restricted stock units vest in three equal annual installments beginning one year following the date of grant.