Form 4: Director Milbrey Rennie Taylor Disposes of Shares in First of Long Island Corp
SEC Form 4 Filing
Director Milbrey Rennie Taylor disposed of 1,500 shares of First of Long Island Corp common stock on November 4, 2024.
Summary
- On November 4, 2024, Milbrey Rennie Taylor, a director of First of Long Island Corp (FLIC), disposed of 1,500 shares of common stock.
- The transaction was coded as 'G' in Transaction Code, indicating a gift.
- The price per share was $0.
- Following the transaction, Taylor directly owns 29,909 shares of FLIC common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a transaction. It doesn't inherently indicate positive or negative sentiment about the company.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency into the transactions of company directors and officers, allowing investors to monitor their trading activity.
Stakeholder Impact
- The disposal of shares by a director could be perceived negatively by some shareholders, although the small amount and the fact that it was a gift suggests it is unlikely to have a significant impact.
Key Dates
| Date | Description |
|---|---|
| 11/04/2024 | Date of transaction: Milbrey Rennie Taylor disposed of 1,500 shares of FLIC common stock. |
| 11/05/2024 | Date of signature on the report. |
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