Form 4: Director Edward J. Haye Acquires Additional Shares of First of Long Island Corp (FLIC)

Edward J. Haye, a director of First of Long Island Corp, acquired 425 shares of common stock in lieu of director fees on August 16, 2024.

Summary

• On August 16, 2024, Edward J. Haye, a director of First of Long Island Corp (FLIC), acquired 425 shares of common stock.
• The acquisition was made in lieu of director fees.
• Following the transaction, Haye directly owns 13,328 shares of FLIC common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as a positive signal, the amount is not significant enough to drastically alter sentiment.

Positives

• The director's acquisition of shares may signal confidence in the company's future prospects.

Industry Context

Director share acquisitions are common and can be seen as a positive sign, indicating the director's belief in the company's future performance. However, the impact on the stock price is usually minimal unless the acquisition is substantial.

Stakeholder Impact

• The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.

Key Dates