Form 4: First of Long Island Corp: SEVP & CFO Janet Verneuille Reports Stock Transactions
SEC Form 4 Filing
Janet Verneuille, SEVP & CFO of First of Long Island Corp, reports transactions involving common stock and restricted stock units on January 31, 2025, resulting in adjusted beneficial ownership.
Summary
- Janet Verneuille, the SEVP & CFO of First of Long Island Corporation (FLIC), filed a Form 4 detailing changes in her beneficial ownership of the company's stock.
- On January 31, 2025, Verneuille engaged in multiple transactions involving common stock holdings and restricted stock units.
- These transactions included the vesting of 2,741 restricted stock units, acquisitions of 602 and 2,109 shares of common stock, and the disposition of 2,960 shares at a price of $12.88.
- Following these transactions, Verneuille's direct holdings of common stock totaled 18,837 shares, with an additional 1,000 shares held indirectly through an IRA.
- The restricted stock units vested on January 31, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment. It's a factual report of insider trading activity.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities and alignment with shareholder interests.
Stakeholder Impact
- The transactions may provide stakeholders with insights into management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of earliest transaction and vesting date of restricted stock units. |
| 02/03/2025 | Date of signature on the report. |
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