FLIC.First of Long Island CORP

Form 4: First of Long Island Corp Executive Janet T. Verneuille Reports Stock Transactions

Sentiment:

SEC Form 4 Filing

📋All filings for First of Long Island CORP
🔒Login to Follow

Janet T. Verneuille, SEVP and Chief Financial Officer of First of Long Island Corp, reports the vesting of restricted stock units and subsequent stock transactions.

Summary

  • On June 3, 2024, Janet T. Verneuille, SEVP and Chief Financial Officer of First of Long Island Corp (FLIC), reported transactions involving the company's common stock.
  • These transactions included the vesting of 1,000 restricted stock units, the disposition of 332 shares to cover tax obligations, and adjustments to holdings in an IRA.
  • Following these transactions, Verneuille directly owns 16,345 shares of common stock and indirectly owns 1,000 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common for executives receiving stock-based compensation. It provides transparency to investors regarding the trading activities of company insiders.

Stakeholder Impact

  • The transactions have a minor impact on shareholders as they reflect routine executive compensation and tax-related sales.

Key Dates

DateDescription
June 3, 2020Beginning of the vesting period for the restricted stock units in five equal annual installments.
June 3, 2024Date of the reported transactions, including vesting of restricted stock units and stock disposition.
September 5, 2024Date of the signature on the report.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.