Form 4: Flushing Financial Corp Executive Maria A. Grasso Reports Stock Transaction

Maria A. Grasso, a SEVP at Flushing Financial Corp, reported a transaction involving the withholding of 720 shares for tax purposes and holdings in a 401k.

Summary

• Maria A. Grasso, a Senior Executive Vice President at Flushing Financial Corp, reported a transaction on January 26, 2025.
• The transaction involved the withholding of 720 common stock shares to cover taxes at a price of $14.53 per share.
• Following the transaction, Ms. Grasso directly owns 83,518 shares of common stock.
• She also indirectly owns 13,087 shares through a 401k plan and 655 shares through her spouse.

Sentiment

Score: 5

Explanation: The document is a routine filing of a stock transaction, and does not indicate any positive or negative sentiment.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate executives who have transactions involving company stock. It provides transparency into insider trading activities.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The transaction is typical for executives who receive stock-based compensation and have shares withheld for tax obligations.
• The reporting of 401k holdings is also a standard part of these filings.

Stakeholder Impact

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

Key Dates

Keywords

Flushing Financial Corp, Maria A. Grasso, stock transaction, Form 4, insider trading, SEVP, 401k, tax withholding