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

Edward J. Haye, a director of First of Long Island Corp, acquired 434 shares of common stock on April 18, 2025, in lieu of director fees.

Summary

• On April 18, 2025, Edward J. Haye, a director of First of Long Island Corp (FLIC), acquired 434 shares of common stock.
• The acquisition was made in lieu of director fees.
• Following the transaction, Haye directly owns 20,485 shares of FLIC common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a routine transaction. The director receiving shares in lieu of fees is neither particularly positive nor negative.

Positives

• The acquisition of shares by a director, even in lieu of fees, can be seen as a positive sign of alignment with shareholder interests.

Industry Context

Director share acquisitions are a common occurrence in the financial industry, often reflecting compensation structures and alignment with company performance.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, FLIC, Director, Share Acquisition, First of Long Island Corp, Edward J. Haye, Director Fees