Lefkowitz Robin 4
4 · Northfield Bancorp, Inc. · Filed Jul 15, 2026
Research Summary
AI-generated summary of this filing
Northfield Bancorp (NFBK) EVP Robin Lefkowitz Sells 3,423 Shares
What Happened
Robin Lefkowitz, Executive Vice President of Northfield Bancorp (NFBK), had 3,423 shares disposed on July 14, 2026 at $14.72 per share, resulting in proceeds of approximately $50,387. The transaction is reported as a tax-withholding/payment in connection with the accelerated vesting of an equity award (i.e., shares sold to satisfy tax obligations), not an open-market investment sale.
Key Details
- Transaction date: 2026-07-14; Filing date: 2026-07-15 (filed the next day).
- Price and amount: 3,423 shares at $14.72 per share, total ≈ $50,387.
- Transaction code: F — sale to satisfy tax withholding/payment obligations.
- Footnotes: F1 indicates shares sold to satisfy tax obligations tied to accelerated vesting; F3/F4 note the award structure (restricted stock units that represent a contingent right to cash equal to share value, vesting in three equal annual installments); F2 notes some entries may not require Section 16 reporting.
- Shares owned after transaction: Not specified in the filing.
Context
This was a routine sell-to-cover to meet tax liabilities from an equity award’s vesting, not a directional purchase signal. For derivative/award transactions like RSUs or option exercises, such withholding sales are common and do not necessarily reflect the insider’s view of the company’s prospects.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-07-14$14.72/sh−3,423$50,387→ 23,534 total
- 26,135.8(indirect: By 401(k))
Common Stock
[F2] - 38,388.46(indirect: By ESOP)
Common Stock
[F2] - 13,879
Restricted Stock Units
[F3][F4]→ Common Stock (13,879 underlying) - 40,000
Stock Options
Exercise: $18.44From: 2017-11-16Exp: 2026-11-16→ Common Stock (40,000 underlying)
Footnotes (4)
- [F1]Represents shares sold by the Reporting Person to satisfy tax obligations in connection with the accelerated vesting of an equity award.
- [F2]Reflects transactions not required to be reported pursuant to Section 16 of the Security Exchange Act of 1934, as amended.
- [F3]Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock
- [F4]Restricted stock units vest in three equal annual installments beginning one year following the date of grant.