4/A: First of Long Island Corp Director Increases Stake with $11,355 Purchase

Paul T. Canarick, a director at First of Long Island Corp, acquired 1,000 shares of common stock at $11.355 per share on February 16, 2024, increasing his total holdings to 542,861 shares.

Summary

• On February 16, 2024, Paul T. Canarick, a director of First of Long Island Corp (FLIC), purchased 1,000 shares of the company's common stock.
• The purchase price was $11.355 per share.
• Following the transaction, Canarick directly owns 542,861 shares of FLIC common stock.
• This transaction was reported in an amended Form 4 filing on March 1, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the amount is not substantial enough to significantly impact sentiment.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. A director's purchase is generally viewed more favorably than a sale.

Stakeholder Impact

• The director's stock purchase could have a slightly positive impact on shareholder confidence.

Key Dates