Form 4: Flushing Financial Corp EVP/CAO Astrid Burrowes Sells 8,000 Shares
SEC Form 4 Filing
Astrid Burrowes, EVP/CAO of Flushing Financial Corp, sold 8,000 shares of common stock at $16.19 per share on October 31, 2024.
Summary
- Astrid Burrowes, the EVP/CAO of Flushing Financial Corp (FFIC), sold 8,000 shares of common stock on October 31, 2024.
- The shares were sold at a price of $16.19 each.
- Following the transaction, Burrowes directly owns 34,853 shares of common stock.
- Burrowes also indirectly owns 27,847 shares through a 401k.
Sentiment
Score: 5
Explanation: Neutral sentiment. This is a routine disclosure of an insider transaction. The sale itself doesn't necessarily indicate a positive or negative outlook for the company.
Industry Context
This is a standard Form 4 filing, reporting an insider transaction. Insider sales can sometimes be interpreted negatively by the market, but without further context, it's difficult to assess the impact.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by shareholders, but the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | Date of transaction: Sale of 8,000 shares of common stock. |
| 11/01/2024 | Date of signature on the Form 4 filing. |
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