Form 4: Flushing Financial Corp Executive Maria A. Grasso Reports Stock Sale
SEC Form 4 Filing
Maria A. Grasso, SEVP of Flushing Financial Corp, reports an intraplan sale of company stock within the Flushing Bank 401k.
Summary
- Maria A. Grasso, a Senior Executive Vice President at Flushing Financial Corp (FFIC), reported a transaction involving the company's common stock on June 13, 2024.
- The transaction involved an intraplan sale of company stock in the Flushing Bank 401k.
- Grasso sold 14,889 shares at a price of $12.05 per share.
- Following the transaction, Grasso directly owns 87,738 shares of common stock.
- Grasso also indirectly owns 12,003 shares through the Flushing Bank 401k and 655 shares through a spouse.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's a routine filing and doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency into the trading activities of executives at Flushing Financial Corp.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a company executive.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Date of stock transaction (intraplan sale) |
| 06/14/2024 | Shares held in the Flushing Bank 401k a/o |
| 06/17/2024 | Date of report signature |
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