Form 4: Liberty 77 Capital L.P. Reports Acquisition of New York Community Bancorp Stock and Restricted Stock Units

Liberty 77 Capital L.P. and related entities, including Steven T. Mnuchin, reported acquiring common stock and restricted stock units in New York Community Bancorp, Inc. on March 27, 2024.

Summary

• On March 27, 2024, Liberty 77 Capital L.P. acquired 300 shares of New York Community Bancorp (NYCB) common stock at $0.
• Following the transaction, Liberty 77 Capital L.P. and related entities beneficially own 41,691,300 shares of NYCB common stock.
• Steven T. Mnuchin was granted 300 service-based restricted stock units (RSUs) that will vest over time.
• Liberty 77 Capital L.P. also acquired 31,072 cash-settled RSUs, each economically equivalent to one share of NYCB common stock.
• The filing includes statements from multiple entities related to Liberty 77 Capital L.P., including Liberty Strategic Capital (CEN) Holdings, LLC, Liberty 77 Capital Partners L.P., Liberty Capital L.L.C., and STM Partners LLC.
• Each reporting person disclaims beneficial ownership of the securities except to the extent of their pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it primarily reports transactions. The acquisition of shares and RSUs could be seen as a positive signal, but it's not overtly bullish.

Positives

• The acquisition of additional shares and RSUs by Liberty 77 Capital L.P. could be interpreted as a sign of confidence in NYCB's future prospects.

Industry Context

This filing reflects investment activity by a significant shareholder in a publicly traded company, which is a common occurrence in the financial industry.

Stakeholder Impact

• The increased stake by Liberty 77 Capital L.P. could reassure shareholders about the company's direction.

Key Dates