Form 4: First of Long Island Corp: EVP, Chief Credit Officer Michael J. Spolarich Reports Stock Transactions
SEC Form 4 Filing
Michael J. Spolarich, EVP and Chief Credit Officer of First of Long Island Corp, reports acquisition and disposal of common stock and restricted stock units on January 31, 2025.
Summary
- On January 31, 2025, Michael J. Spolarich, the EVP and Chief Credit Officer of First of Long Island Corp (FLIC), engaged in transactions involving the company's stock.
- Spolarich acquired 547 shares of common stock.
- Spolarich acquired 1,832 shares of common stock.
- Spolarich disposed of 2,175 shares of common stock at a price of $12.88.
- Spolarich also disposed of 2,492 restricted stock units.
- Following these transactions, Spolarich directly owns 10,036 shares of FLIC common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock. It allows investors to monitor the actions of key executives and their potential impact on the stock's performance.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key executive.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of earliest transaction and all reported transactions. |
| 02/03/2025 | Date of signature for the report. |
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