Cullen Susan 4
Research Summary
AI-generated summary
Flushing Financial (FFIC) CFO Susan Cullen Withholds 480 Shares
What Happened Susan Cullen, Senior EVP and CFO of Flushing Financial Corp (FFIC), had 480 shares withheld on 2026-01-28 to satisfy tax withholding obligations related to equity vesting. The shares were priced at $15.54 each, totaling roughly $7,459. This was an administrative tax-withholding transaction—not an open-market sale or a purchase.
Key Details
- Transaction date and price: 2026-01-28 @ $15.54 per share.
- Shares withheld/disposed: 480 shares; total value ≈ $7,459.
- Shares owned after transaction: Not specified in the provided filing; the form notes shares held in the Flushing Bank 401(k) Savings Plan as of 1/28/26.
- Footnotes: F1 indicates shares were withheld to satisfy taxes upon vesting; F2 notes shares held in the company 401(k) plan as of 1/28/26.
- Filing timeliness: Report filed 2026-01-30 for a 2026-01-28 transaction, consistent with standard Form 4 timing (appears timely).
Context This was a tax-withholding event (code F), commonly seen when restricted shares or other awards vest and the company withholds some shares to cover taxes. It is an administrative action rather than a market-sale signal; it does not by itself indicate insider sentiment about the stock.