Form 4: Basswood Capital Management Reports Transaction in Dime Community Bancshares

Basswood Capital Management, along with managing members Matthew and Bennett Lindenbaum, reports a transaction in Dime Community Bancshares common stock on January 31, 2025.

Summary

• Basswood Capital Management, L.L.C., along with Matthew and Bennett Lindenbaum, filed a Form 4 regarding a transaction in Dime Community Bancshares, Inc. (DCOM) common stock.
• The transaction occurred on January 31, 2025.
• Basswood Capital Management acquired 1,043 shares of common stock at a price of $31.23 per share.
• The filing also details the beneficial ownership of common stock held directly and indirectly through various funds and managed accounts managed by Basswood Capital Management.
• Matthew Lindenbaum serves on the board of directors of Dime Community Bancshares as a representative of Basswood Capital Management.

Sentiment

Score: 5

Explanation: Neutral sentiment as the document is a standard regulatory filing reporting a transaction.

Positives

• Basswood Capital Management increased its holdings in Dime Community Bancshares with the purchase of 1,043 shares.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to the market.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to insider buying.

Key Dates