Reddy Avinash 4

What Happened

• Avinash Reddy, Chief Financial Officer of Dime Community Bancshares (DCOM), had a total of 2,173 shares withheld to satisfy tax obligations on restricted stock that vested on Feb 26, 2026. The withholding consisted of 1,353 shares at $33.34 (≈ $45,109) and 820 shares at $33.34 (≈ $27,339), for a combined value of about $72,448. These were disposals recorded as tax withholding (transaction code F), a routine administrative action rather than an open-market sale.

Key Details

• Transaction date: February 26, 2026
• Prices and amounts: 1,353 shares @ $33.34 (≈ $45,109) and 820 shares @ $33.34 (≈ $27,339); total 2,173 shares ≈ $72,448
• Transaction code: F (tax withholding to satisfy tax liability on vested restricted stock)
• Footnote: F1 — Reflects withholding of shares to satisfy tax obligations on restricted stock that vested on Feb 26, 2026
• Shares owned after transaction: Not reported in the provided filing summary (see full Form 4 for post-transaction holdings)
• Filing date / report period: Form filed Mar 2, 2026; report covers transaction on Feb 26, 2026. No late-filing flag provided in the supplied data.

Context

• Withholding to cover taxes on vested restricted stock is a common, administrative disposition and does not necessarily indicate the insider's view of the company's prospects. This was not an open-market sale or purchase; it was a cashless-like settlement to meet tax obligations triggered by vesting.