Form 4: First of Long Island Corp Director Louisa M. Ives Reports Stock Award Vesting
SEC Form 4 Filing
Director Louisa M. Ives reports the vesting of restricted stock units and subsequent disposal of shares to cover tax obligations.
Summary
- On April 15, 2025, Louisa M. Ives, a director of First of Long Island Corp, had 3,953 restricted stock units vest.
- Following the vesting, 3,953 shares of common stock were disposed of to satisfy tax obligations.
- After the transaction, Ives directly owns 14,083 shares of First of Long Island Corp.
- The transaction was executed pursuant to Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a common occurrence for directors and officers of publicly traded companies. It provides transparency into their stock ownership and trading activities.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine insider transaction.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of earliest transaction, vesting of restricted stock units, and disposal of shares. |
Keywords
Form 4, insider trading, director, FLIC, First of Long Island Corp, stock options, restricted stock units, vesting, Louisa M. Ives
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