Form 4: Flushing Financial Corp CEO John R. Buran Gifts Shares

Sentiment:

SEC Form 4 Filing


John R. Buran, President & CEO of Flushing Financial Corp, gifted 8,100 shares of common stock on May 1, 2024.

Summary

  • On May 1, 2024, John R. Buran, the President & CEO of Flushing Financial Corp, gifted 8,100 shares of the company's common stock.
  • Following the transaction, Buran directly owns 111,077 shares of common stock.
  • Buran also indirectly owns 107,769 shares through the Flushing Bank 401(k) Savings Plan as of May 2, 2024.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction (gifting of shares). It doesn't inherently convey positive or negative sentiment.

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.

Stakeholder Impact

  • The gifting of shares by a key executive could be perceived in various ways by stakeholders, but generally, such transactions are viewed in the context of the executive's overall holdings and motivations.

Key Dates

DateDescription
05/01/2024Date of the share gifting transaction.
05/02/2024Date for 401(k) Savings Plan shareholding.
05/03/2024Date of signature on the Form 4 filing.

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