Form 4: Dime Community Bancshares SEVP Avinash Reddy Reports Stock Transactions
SEC Form 4
Avinash Reddy, SEVP and CFO of Dime Community Bancshares, reports the acquisition and disposal of Preferred Stock, Series A on February 28, 2025.
Summary
- On February 28, 2025, Avinash Reddy, SEVP CHIEF FINANCIAL OFFICER of Dime Community Bancshares, Inc., engaged in transactions involving the company's securities.
- Reddy acquired 500 shares of Preferred Stock, Series A at a price of $19.3559 per share.
- Concurrently, Reddy disposed of 500 shares of Preferred Stock, Series A at a price of $19.375 per share.
- Following these transactions, Reddy directly owns 5,730 shares of Preferred Stock, Series A and 43,598 shares of Common Stock.
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 Form 4 filing is a routine disclosure related to insider trading activity, which is a common occurrence for executives of publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 2022-12-20 | Date of execution for the Limited Power of Attorney. |
| 2025-02-28 | Date of the stock transactions (acquisition and disposal of Preferred Stock, Series A). |
| 2025-03-06 | Date of signature for 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.