Dime Commercial (DCOM) CTO Michael Fegan Withholds 4,506 Shares for Taxes

What Happened
Michael Fegan, Chief Technology & Operations Officer of Dime Commercial Bancshares (DCOM), had a total of 4,506 shares withheld to cover tax obligations related to restricted stock that vested on September 2, 2026. The filing reports two identical withholding entries of 2,253 shares each at $40.40 per share, totaling $182,042 of shares disposed (reported as withheld/disposed).

Key Details

• Transaction date: 2026-09-02 (reported on Form 4 filed 2026-09-04) — appears timely under standard Section 16 reporting windows.
• Price per share reported: $40.40.
• Shares withheld/ disposed: 2,253 shares (entry 1) + 2,253 shares (entry 2) = 4,506 shares.
• Reported total value of withheld shares: $91,021 + $91,021 = $182,042.
• Footnote: F1 — withholding of shares to satisfy tax obligations on restricted stock that vested on September 2, 2026.
• Shares owned after the transaction: not specified in the provided filing details.

Context
This transaction is a routine tax-withholding event (transaction code F) tied to vesting of restricted stock, not an open-market sale or indicative purchase. Such withholdings are administrative and do not necessarily signal insider sentiment about the company.