Form 4: Flushing Financial Corp: CEO John Buran Reports Stock Transactions
SEC Form 4 Filing
CEO John Buran reports disposition of shares to cover taxes upon vesting and holdings in 401(k).
Summary
- On January 27, 2025, John R. Buran, President & CEO of Flushing Financial Corp, reported a transaction involving common stock.
- 1,200 shares were disposed of to satisfy taxes upon vesting at a price of $14.53.
- Following the transaction, Buran directly owns 123,993 shares of common stock.
- Buran also indirectly owns 115,133 shares through the Flushing Bank 401(k) Savings Plan as of January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transaction appears to be routine. Therefore, the sentiment is neutral.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key executives and directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover taxes.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock transaction |
| 01/27/2025 | Shares held in Flushing Bank 401(k) Savings Plan |
| 01/29/2025 | Date of signature |
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