Form 4: Dime Community Bancshares EVP and General Counsel Reports Disposition of Shares

Sentiment:

SEC Form 4 Filing


Patricia M. Schaubeck, EVP and General Counsel of Dime Community Bancshares, reports the disposition of common stock and preferred stock, Series A, in a recent SEC Form 4 filing.

Summary

  • Patricia M. Schaubeck, an Executive Vice President and General Counsel at Dime Community Bancshares, Inc., filed a Form 4 with the SEC.
  • The filing reports the disposition of 8,751 shares of common stock and 1,000 shares of Preferred Stock, Series A on April 26, 2024.
  • Following the transaction, Schaubeck directly owns 20,164 shares of common stock and continues to own 1,000 shares of Preferred Stock, Series A.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a transaction by a company insider; it doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential shifts in ownership and sentiment.

Stakeholder Impact

  • Shareholders may be interested in the insider's transactions as an indicator of management's view of the company's prospects.

Key Dates

DateDescription
2022-12-14Date of execution of the Limited Power of Attorney.
2024-04-26Date of transaction involving the disposition of common and preferred stock.
2024-04-30Date of signature on the SEC filing by attorney-in-fact.

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