Form 4: First of Long Island Corp Director Desmond Exercises Stock Options
SEC Form 4 Filing
Director John J. Desmond of First of Long Island Corp exercised stock options and restricted stock units on April 15, 2025.
Summary
- On April 15, 2025, John J. Desmond, a director of First of Long Island Corp, executed transactions involving company stock.
- Desmond exercised options to acquire 3,953 shares of common stock at a price of $0.
- Following the transaction, Desmond directly owns 26,962 shares of common stock.
- Desmond also exercised 3,953 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in the number of shares held by a director.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of earliest transaction: Stock options and restricted stock units exercised. |
| 04/15/2025 | Date of signature. |
Keywords
Form 4, FLIC, Director, Stock Options, Restricted Stock Units, Beneficial Ownership, First of Long Island Corp, Securities Exchange Act
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