Form 4: FFIC SEVP Withholds Shares for Tax Upon Vesting

Flushing Financial Corp's Senior Executive Vice President, Francis W. Korzekwinski, disposed of 480 shares to cover tax obligations related to vesting equity.

Summary

• Francis W. Korzekwinski, Senior Executive Vice President (SEVP) of Flushing Financial Corp (FFIC), reported a disposition of 480 shares of common stock.
• The transaction occurred on January 27, 2026, at a price of $15.54 per share.
• These shares were withheld to satisfy tax obligations upon the vesting of equity awards.
• Following this transaction, Korzekwinski directly beneficially owns 81,473 shares of common stock.
• Additionally, 108,278 shares are held indirectly in the Flushing Bank 401(k) Savings Plan as of January 28, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation and tax obligations, with no direct positive or negative implications for the company's operational or financial performance.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those involving tax withholdings upon vesting, are common occurrences in the financial services industry as part of executive compensation plans. This specific transaction for Flushing Financial Corp is a routine compliance filing and does not indicate a strategic shift or significant market event.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Minimal direct impact on shareholders as this is a routine, small-scale transaction for tax purposes related to executive compensation.
• No direct impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Flushing Financial Corp, FFIC, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Executive Compensation, Francis W. Korzekwinski, Common Stock