Fegan Michael 4

What Happened
Michael Fegan, Chief Technology & Operations Officer of Dime Community Bancshares (DCOM), received a grant/award of 3,786 restricted shares on March 31, 2026 (reported as an acquisition at $0.00). The filing also shows three tax-withholding dispositions of 439, 328 and 430 shares, each sold/withheld at $33.82 per share, producing combined proceeds of $40,483. This is a grant/vesting event with shares withheld for tax obligations (routine), not an open-market sale for investment purposes.

Key Details

• Transaction date: March 31, 2026; Form 4 filed April 2, 2026 (filed promptly).
• Dispositions (tax withholding): 439 @ $33.82 = $14,847; 328 @ $33.82 = $11,093; 430 @ $33.82 = $14,543. Total proceeds shown: $40,483.
• Acquisition: 3,786 restricted shares @ $0.00 (grant/vesting).
• Footnotes indicate withholding to satisfy taxes on restricted stock vesting: entries reference 1,220; 910; and 1,195 shares (these footnote counts are noted in the filing).
• Shares owned after transaction: not provided in the excerpt.
• Transaction codes: A = Award/Grant; F = Tax withholding (shares withheld to cover tax obligations).

Context
This filing documents a vesting/award of restricted stock with shares withheld to meet tax obligations — a common, routine insider event that doesn't necessarily signal intent to buy or sell stock for investment. Because the acquisition was a restricted share grant (not a market purchase) and part of the issuance was used to cover taxes, retail investors should view this as compensation-related rather than a directional trade by the insider.