Form 4: Dime Community Bancshares Officer Reports Stock Transactions Following Vesting of Restricted Stock
SEC Form 4 Filing
Conrad J. Gunther Jr., Chief Lending Officer of Dime Community Bancshares, reports the acquisition and disposal of common stock related to the vesting of restricted stock and the satisfaction of tax obligations.
Summary
- On March 31, 2025, Conrad J. Gunther Jr., Chief Lending Officer of Dime Community Bancshares, engaged in transactions involving the company's common stock.
- These transactions included the acquisition of 4,292 shares of common stock and the disposal of 214, 384, and 505 shares to cover tax obligations related to the vesting of restricted stock.
- The shares were withheld at a price of $27.88 per share.
- Following these transactions, Gunther directly owns 72,619 shares of Dime Community Bancshares.
Sentiment
Score: 7
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't contain information that would significantly impact investor sentiment positively or negatively. The sentiment is neutral to slightly positive as it reflects ongoing executive compensation.
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 minor impact on shareholders 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, 2025 | Date of stock transactions: acquisition and disposal of shares. |
| April 02, 2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, DCOM, Dime Community Bancshares, Conrad J. Gunther Jr., Chief Lending Officer, Stock Transactions, Beneficial Ownership, Restricted Stock, Tax Obligations, Vesting
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