4/A: First of Long Island Corp: Director Corrects Share Ownership in Amended SEC Filing

Sentiment:

SEC Form 4/A Filing


J. Abbott R. Cooper, a director of First of Long Island Corp, files an amended SEC Form 4/A to correct the total number of shares owned by Driver Opportunity Partners I LP.

Summary

  • J. Abbott R. Cooper, a director of First of Long Island Corp (FLIC), filed an amended SEC Form 4/A on May 3, 2024.
  • The amendment corrects the total number of common stock shares beneficially owned by Driver Opportunity Partners I LP ('Driver LP').
  • The corrected filing indicates that Driver LP owns 166,633 shares of common stock.
  • As the controlling person of Driver Management Company LLC, the general partner of Driver LP, Mr. Cooper may be deemed the beneficial owner of these shares, but he disclaims beneficial ownership except to the extent of his pecuniary interest.
  • The original Form 4 was filed on May 2, 2024.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't indicate any significant positive or negative developments for the company, but accuracy in reporting is viewed positively.

Industry Context

SEC filings are a routine part of corporate governance, ensuring transparency in ownership and transactions. Amendments, like this one, are sometimes necessary to correct errors or omissions in previous filings.

Stakeholder Impact

  • Accurate reporting of share ownership ensures transparency for shareholders.

Key Dates

DateDescription
04/16/2024Date of Earliest Transaction
05/02/2024Date of Original Filed Form 4
05/03/2024Date of Amended Form 4/A Filing

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