Form 4: Flushing Financial Corp Executive Astrid Burrowes Reports Stock Transactions

Astrid Burrowes, EVP of Flushing Financial Corp, reports disposition of shares to cover tax obligations and holdings in a 401(k) plan.

Summary

• Astrid Burrowes, an Executive Vice President at Flushing Financial Corp (FFIC), filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On January 30, 2025, 195 shares of common stock were disposed of at a price of $13.97 to satisfy tax obligations upon vesting.
• As of January 27, 2025, Burrowes holds 28,326 shares of common stock indirectly through the Flushing Bank 401(k) Savings Plan.
• Following the reported transaction, Burrowes directly owns 45,370 shares of Flushing Financial Corp.

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

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it involves a small number of shares disposed of to cover tax obligations.

Key Dates