Form 4: BCB Bancorp Director Thomas Coughlin Acquires Shares of Restricted Stock

Director Thomas Michael Coughlin acquired 1,563 shares of BCB Bancorp restricted stock on February 3, 2025, which vest upon retirement or February 3, 2026.

Summary

• On February 3, 2025, Thomas Michael Coughlin, a director of BCB Bancorp Inc., acquired 1,563 shares of common stock.
• These shares were acquired as restricted stock.
• The restricted stock will fully vest on the earlier of February 3, 2026, or Coughlin's retirement from the issuer's Board of Directors.
• Following the transaction, Coughlin directly owns 246,979 shares of common stock and indirectly owns 59,374 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates a director's acquisition of restricted stock, which is a common form of executive compensation.

Stakeholder Impact

• The acquisition of restricted stock by a director could be viewed positively by shareholders as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

BCB Bancorp, Director, Insider Trading, Form 4, Stock Acquisition, Restricted Stock, Beneficial Ownership