Form 4: First of Long Island Corp Director Milbrey Rennie Taylor Reports Stock Transactions
SEC Form 4
Director Milbrey Rennie Taylor reports acquisition and disposal of First of Long Island Corp stock and restricted stock units on April 16, 2024.
Summary
- On April 16, 2024, Milbrey Rennie Taylor, a director of First of Long Island Corp (FLIC), reported transactions involving the company's stock and restricted stock units.
- Taylor disposed of 3,144 shares of common stock.
- Taylor also acquired 3,953 restricted stock units, exercisable starting April 15, 2025, and expiring on April 15, 2025.
- Following these transactions, Taylor directly owns 3,953 derivative securities and 31,409 shares of FLIC common stock.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency to investors regarding the actions of company directors.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company director.
- The transactions do not appear to have any impact on employees, customers, suppliers or creditors.
Key Dates
| Date | Description |
|---|---|
| 2023-12-14 | Date of Power of Attorney agreement signed by Milbrey Rennie Taylor. |
| 2024-04-16 | Date of reported stock and restricted stock unit transactions. |
| 2025-04-15 | Exercisable and Expiration Date of Restricted Stock Units. |
| 2024-04-30 | Date of report. |
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