Form 4: First of Long Island Corp Director Louisa M. Ives Reports Stock Transactions
SEC Form 4
Director Louisa M. Ives reports acquisition and disposal of First of Long Island Corp stock and restricted stock units.
Summary
- On April 16, 2024, Louisa M. Ives, a director of First of Long Island Corp (FLIC), reported transactions involving the company's stock and restricted stock units.
- Ives acquired 3,144 shares of common stock through the vesting of restricted stock units.
- Concurrently, Ives disposed of 3,144 shares of common stock.
- Following these transactions, Ives beneficially owns 10,130 shares of FLIC common stock.
- Ives also acquired 3,953 restricted stock units, which vest on April 15, 2025.
- After the transaction, Ives holds 3,953 restricted stock units.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it's a standard reporting of insider transactions.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| December 14, 2023 | Date of Power of Attorney signing. |
| April 16, 2024 | Date of stock and restricted stock unit transactions. |
| April 15, 2025 | Vesting date for 3,953 restricted stock units. |
| April 30, 2024 | Date of report filing. |
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