Fasanella David 4
Research Summary
AI-generated summary
Northfield Bancorp (NFBK) EVP David Fasanella Sells Shares for Taxes
What Happened David Fasanella, Executive Vice President of Northfield Bancorp (NFBK), disposed of shares to satisfy tax obligations tied to an equity award. On 2026-01-24 he surrendered 1,535 shares at $11.89 per share for $18,251, and on 2026-01-26 he surrendered 1,180 shares at $11.89 per share for $14,030 — a total of 2,715 shares for $32,281. These were tax-withholding share dispositions (routine), not open-market purchases.
Key Details
- Transaction dates and prices:
- 2026-01-24: 1,535 shares at $11.89 ($18,251)
- 2026-01-26: 1,180 shares at $11.89 ($14,030)
- Total: 2,715 shares surrendered for approximately $32,281.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes:
- F1: Shares sold to satisfy tax obligations in connection with vesting of an equity award.
- F2: Indicates transactions not required to be reported pursuant to Section 16 (as listed in the filing).
- Filing: Report filed 2026-01-27 (Period of Report: 2026-01-24).
Context
- These transactions are tax-withholding dispositions (code F) related to equity vesting — a routine administration event. Such withholding/surrendered-share sales are common and generally do not imply a change in the insider’s view of the company. Purchases (when they occur) tend to be more informative about insider sentiment.