Form 4: Dime Community Director Joseph Perry Acquires Shares
Insider Transaction Report
Dime Community Bancshares Director Joseph Perry acquired 115 shares of common stock at $29.83 per share, increasing his direct beneficial ownership to 56,429 shares.
Summary
- Joseph Perry, a Director of Dime Community Bancshares, Inc. (DCOM), acquired 115 shares of common stock.
- The transaction occurred on October 1, 2025, at a price of $29.83 per share.
- This acquisition was made pursuant to a Rule 10b5-1 plan, indicating a pre-arranged transaction.
- Following this transaction, Joseph Perry directly beneficially owns 56,429 shares of common stock and 3,000 shares of Preferred Stock, Series A.
- Additionally, he indirectly beneficially owns 194 shares of common stock through his daughter.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, even if pre-planned under a 10b5-1 plan, generally indicates a positive outlook on the company's future performance and valuation. This insider buying suggests confidence from those with intimate knowledge of the company.
Positives
- An insider, Director Joseph Perry, acquired additional shares of the company's common stock, signaling confidence in the company's future prospects.
- The acquisition was made under a Rule 10b5-1 plan, which demonstrates a pre-planned commitment to increasing ownership.
Future Outlook
NA
Industry Context
NA
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Joseph J. Perry granted a Limited Power of Attorney to Megan Hickey, Marc Levy, Jeffrey Cass, and Edward A. Quint to handle his Section 16 reporting obligations (Forms ID, 3, 4, and 5) for Dime Community Bancshares, Inc. securities. | 12/15/2022 | Streamlines compliance with SEC reporting requirements for insider transactions, ensuring timely and accurate filings on behalf of the director. |
Stakeholder Impact
- Shareholders may view the insider acquisition as a positive indicator of the company's prospects, potentially boosting investor confidence and share price.
Key Dates
| Date | Description |
|---|---|
| 12/15/2022 | Date Joseph J. Perry executed a Limited Power of Attorney for Section 16 reporting obligations. |
| 10/01/2025 | Date of common stock acquisition by Joseph Perry. |
Recommendation
buyThe acquisition of shares by a Director, Joseph Perry, signals strong insider confidence in Dime Community Bancshares, Inc. This move, even if part of a pre-arranged 10b5-1 plan, suggests that management believes the stock is undervalued or has significant growth potential. Such insider buying often precedes positive company developments and can be a bullish indicator for investors.
Keywords
Dime Community Bancshares, DCOM, Joseph Perry, Insider Trading, Form 4, Stock Acquisition, Director, Beneficial Ownership, 10b5-1 Plan
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