Form 4: FFIC Executive's Routine Tax Withholding Transaction
Insider Transaction Report
Maria A. Grasso, Sr. EVP and COO of Flushing Financial Corp, reported a routine disposition of 513 common shares for tax withholding purposes.
Summary
- Maria A. Grasso, Senior Executive Vice President and Chief Operating Officer of Flushing Financial Corp (FFIC), reported a transaction on January 27, 2026.
- The transaction involved the disposition of 513 shares of Common Stock.
- These shares were withheld to satisfy tax obligations upon the vesting of equity awards.
- The price per share for the disposed securities was $15.54.
- Following this transaction, Maria A. Grasso directly owns 94,731 shares of Common Stock.
- Additionally, 16,165 shares are indirectly held in the Flushing Bank 401(k) Savings Plan as of January 27, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. It is a routine administrative transaction related to equity compensation and does not indicate a change in company fundamentals or management's confidence.
Future Outlook
No forward-looking statements or guidance are provided in this filing.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as share dispositions for tax withholding upon vesting, are common across all industries and typically do not reflect a change in management's outlook on the company's performance or stock value. This type of transaction is a standard part of equity compensation plans.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale driven by investment decisions.
Key Dates
| Date | Description |
|---|---|
| 01/27/2026 | Date of transaction where shares were withheld for taxes upon vesting. |
| 01/29/2026 | Date the Statement of Changes in Beneficial Ownership was signed. |
Keywords
Flushing Financial Corp, FFIC, Maria A. Grasso, SEC Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Common Stock
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