Fasanella David 4

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.