Porzelt Christopher J 4

What Happened

• Christopher J. Porzelt, Chief Risk Officer of Dime Community Bancshares (DCOM), had 1,348 shares withheld to satisfy tax obligations when restricted stock vested. The withholding consisted of 526 shares at $33.34 ($17,537) and 822 shares at $33.34 ($27,405), for a combined value of approximately $44,942.
• This was a tax-withholding disposition (not an open-market sale or purchase) tied to vesting of restricted stock, so it is routine and does not necessarily signal a change in investment sentiment.

Key Details

• Transaction date: February 26, 2026. Report filed: March 2, 2026 (appears timely).
• Prices and amounts: 526 shares @ $33.34 ($17,537); 822 shares @ $33.34 ($27,405); total 1,348 shares, ~$44,942.
• Shares owned after transaction: Not specified in the provided data.
• Footnote: F1 — Reflects withholding of shares to satisfy tax obligations on restricted stock that vested on February 26, 2026.
• Transaction code: F (tax withholding on vested shares), not a purchase (P) or sale (S).

Context

• This was a withholding to cover taxes on vested restricted stock (a common, administrative transaction). The company withheld shares instead of a cash payment or an open-market sale, which reduces the insider’s share count but isn’t an explicit market sale or buy signal.
• For retail investors, such tax-withholdings are routine and generally less informative about the insider’s view of the company than open-market purchases or sales.