Fasanella David 4
4 · Northfield Bancorp, Inc. · Filed Jul 15, 2026
Research Summary
AI-generated summary of this filing
Northfield Bancorp (NFBK) EVP David Fasanella Sells 3,905 Shares
What Happened
David Fasanella, Executive Vice President of Northfield Bancorp (NFBK), disposed of 3,905 shares on 2026-07-14 at $14.72 per share, totaling approximately $57,482. The filing indicates the sale was made to satisfy tax obligations related to the accelerated vesting of previously issued restricted stock/awards (tax-withholding sale, transaction code F).
Key Details
- Transaction date: 2026-07-14; Filing date: 2026-07-15.
- Price and amount: 3,905 shares at $14.72 each; total ≈ $57,482.
- Transaction type: F — sale to cover tax liabilities (tax withholding).
- Shares owned after transaction: not specified in the filing.
- Relevant footnotes from the filing:
- F1: Shares sold to satisfy tax obligations from accelerated vesting of restricted stock.
- F2: Some reflected transactions are not required to be reported under Section 16.
- F3: Each restricted stock unit (RSU) represents a contingent right to receive cash equal to one share.
- F4: RSUs vest in three equal annual installments beginning one year after grant.
- Filing timeliness: filing appears timely (no late-report flag noted).
Context
This was a routine tax-withholding sale tied to vesting of restricted awards rather than an open-market investment decision; such disposals are common when insiders need to satisfy tax withholding on awards. The filing also notes that the awards in question are RSU-style (cash-settled) and vest over three years, which helps explain the tax-related disposition.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-07-14$14.72/sh−3,905$57,482→ 46,019 total
- 11,500(indirect: By IRA)
Common Stock
[F2] - 9,611.95(indirect: ESOP)
Common Stock
[F2] - 2,382.67(indirect: By 401(k))
Common Stock
[F2] - 15,066
Restricted Stock Units
[F3][F4]→ Common Stock (15,066 underlying)
Footnotes (4)
- [F1]Represents shares sold by the Reporting Person to satisfy tax obligations in connection with the accelerated vesting of restricted stock previously issued.
- [F2]Reflects transactions not required to be reported pursuant to Section 16 of the Securities 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 instalments beginning one year following the date of grant.