4/A: Basswood Capital Management Reports Transaction in Dime Community Bancshares (DCOM); Corrects Previous Filing

Basswood Capital Management and related entities report a purchase of Dime Community Bancshares stock and amend a previous filing to include Basswood Strategic Financial Fund, LP as a reporting person.

Summary

• Basswood Capital Management, L.L.C. and related entities, including Matthew Lindenbaum, Bennett Lindenbaum, Basswood Partners, L.L.C., Basswood Financial Long Only Fund, LP, and Basswood Strategic Financial Fund, LP, filed an amended Form 4 with the SEC regarding transactions in Dime Community Bancshares, Inc. (DCOM) common stock.
• The filing reports a purchase of 316 shares of DCOM common stock at a price of $31.30 per share on February 12, 2025.
• The amendment corrects a previous filing from February 14, 2025, to include Basswood Strategic Financial Fund, LP (BSFF) as a reporting person.
• The Reporting Persons may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts.
• Matthew Lindenbaum, a managing member of BCM, serves on the board of directors of the Issuer as a representative of the Reporting Persons.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders or significant shareholders of a publicly traded company buy or sell shares in the company. This filing indicates changes in the holdings of Basswood Capital Management, a significant shareholder of Dime Community Bancshares.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a major shareholder, Basswood Capital Management.

Key Dates

Keywords

Form 4, Basswood Capital Management, Dime Community Bancshares, DCOM, Beneficial Ownership, Transaction, SEC Filing