Form 4: Dime Community Bancshares Director Acquires Shares in Recent Transaction
SEC Form 4
Director Joseph Perry reports acquisition of Dime Community Bancshares stock at $19.26 per share.
Summary
- On April 1, 2024, Joseph Perry, a director of Dime Community Bancshares, Inc., acquired 178 shares of common stock at a price of $19.26 per share.
- Following this transaction, Perry directly owns 53,463 shares of common stock and indirectly owns 194 shares through a daughter.
- Perry also directly owns 3,000 shares of Preferred Stock, Series A.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of a director's stock purchase. The purchase itself could be seen as slightly positive, but the document is purely informational.
Positives
- Director's purchase may signal confidence in the company's prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be a signal to the market.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2022-12-15 | Date of Power of Attorney execution, authorizing individuals to act on Joseph J. Perry's behalf for Section 16 reporting obligations. |
| 2024-04-01 | Date of transaction: Joseph Perry acquired common stock. |
| 2024-04-02 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.