Form 4: First of Long Island Corp Executive Vice President Richard P. Perro Reports Stock Transactions
SEC Form 4 Filing
Richard P. Perro, Executive Vice President of First of Long Island Corp, reports acquisition and disposal of common stock and restricted stock units on January 31, 2025.
Summary
- Richard P. Perro, an Executive Vice President at First of Long Island Corp (FLIC), filed a Form 4 detailing changes in beneficial ownership.
- On January 31, 2025, Perro acquired 547 shares of common stock.
- Additionally, Perro acquired 1,832 shares of common stock.
- Also on January 31, 2025, Perro disposed of 1,946 shares of common stock at a price of $12.88.
- Perro also acquired 2,326 shares of common stock.
- These transactions resulted in Perro owning 34,513 shares of common stock following the reported transactions.
- The transactions also involved the vesting of 2,326 restricted stock units, each representing one share of The First of Long Island Corporation stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and holdings in the company's stock.
Stakeholder Impact
- The disclosure of stock transactions by a key executive provides transparency to shareholders.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of earliest transaction; acquisition and disposal of common stock and vesting of restricted stock units. |
| 02/03/2025 | Date of signature for the report. |
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