Form 4: Dime Community Bancshares Officer Reports Stock Transactions
SEC Form 4
Conrad J. Gunther Jr., Chief Lending Officer of Dime Community Bancshares, reports acquisition and disposal of common stock related to vesting of restricted stock and tax obligations.
Summary
- On March 31, 2024, Conrad J. Gunther Jr., Chief Lending Officer of Dime Community Bancshares, engaged in transactions involving the company's common stock.
- He acquired 4,207 shares of common stock.
- He disposed of 214 shares at $19.26 to cover tax obligations related to the vesting of 594 restricted stock shares.
- He disposed of 384 shares at $19.26 to cover tax obligations related to the vesting of 1,067 restricted stock shares.
- Following these transactions, Gunther directly owns 71,737 shares of Dime Community Bancshares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| May 11, 2023 | Date of execution of the Limited Power of Attorney. |
| March 31, 2024 | Date of stock transactions (acquisition and disposal). |
| April 02, 2024 | Date of signature for the Form 4 filing. |
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