Form 4: Flushing Financial Corp EVP Theresa Kelly Reports Stock Transactions
SEC Form 4 Filing
EVP Theresa Kelly of Flushing Financial Corp reports disposition of shares to cover tax obligations and holdings in a 401(k) plan.
Summary
- Theresa Kelly, an EVP at Flushing Financial Corp, reported a transaction on January 27, 2025.
- 198 shares of common stock were disposed of to satisfy tax obligations at a price of $14.53 per share.
- Following the transaction, Kelly directly owns 44,559 shares of common stock.
- Kelly also indirectly owns 31,018 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 detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions. It's a standard practice for executives to sell shares to cover tax obligations upon vesting of stock awards.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock transaction and 401(k) holdings. |
| 01/29/2025 | Date of report signature. |
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