Form 4: Flushing Financial Corp CEO John R. Buran Reports Stock Transaction

Flushing Financial Corp's CEO, John R. Buran, reported a transaction involving the withholding of 1,200 common stock shares to cover taxes upon vesting, and also reports holdings of 115,133 shares in a 401(k) plan.

Summary

• John R. Buran, the President and CEO of Flushing Financial Corp, reported a stock transaction on January 30, 2025.
• 1,200 shares of common stock were withheld to satisfy tax obligations related to vesting.
• The price per share for the transaction was $13.97.
• Following the transaction, Mr. Buran directly owns 121,593 shares of common stock.
• Mr. Buran also indirectly owns 115,133 shares of common stock through a 401(k) savings plan as of January 27, 2025.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transaction, which is neither positive nor negative in itself. It is a neutral event.

Industry Context

This is a routine disclosure of a stock transaction by a company executive, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders in the US, and this filing is consistent with those requirements.
• The transaction is a common occurrence for executives who receive stock-based compensation, and the tax withholding is a standard procedure.
• The level of detail provided is consistent with other Form 4 filings from similar companies.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding event.

Key Dates

Keywords

Flushing Financial Corp, John R. Buran, stock transaction, Form 4, insider trading, common stock, 401k, tax withholding