4/A: Dime Community Bancshares Director Amends Beneficial Ownership Report
SEC Form 4/A
Kenneth J. Mahon, a director of Dime Community Bancshares, files an amended Form 4 to correct a miscount of shares beneficially owned.
Summary
- Kenneth J. Mahon, a director of Dime Community Bancshares, filed an amended Form 4 with the SEC.
- The amendment, dated March 28, 2024, revises a previous filing from January 3, 2024.
- The purpose of the amendment is to correct the total number of shares beneficially owned, which was previously miscounted.
- The corrected filing indicates that Mahon directly owns 279,179 shares of Dime Community Bancshares common stock as of January 1, 2024, following an acquisition of 3,255 shares at $0.00.
- Mahon has a Power of Attorney designating Patricia M. Schaubeck, Megan Hickey, Alexandra Weeks, Marc Levy, Jeffrey Cass and Edward A. Quint as attorneys-in-fact for Section 16 reporting obligations.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a previous error. It doesn't contain information that would significantly impact investor sentiment.
Industry Context
Form 4 filings are standard practice for company insiders (directors, officers, and principal stockholders) to report transactions in their company's stock, ensuring transparency and compliance with securities regulations.
Stakeholder Impact
- The correction of the share count ensures accurate information is available to shareholders and the market.
Key Dates
| Date | Description |
|---|---|
| 2022-12-15 | Date of Power of Attorney execution. |
| 2024-01-01 | Date of transaction (acquisition of shares). |
| 2024-01-03 | Date of original Form 4 filing. |
| 2024-03-28 | Date of amended Form 4 filing. |
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