Form 4: Flushing Financial Corp Executive Maria Grasso Reports Stock Transactions
SEC Form 4 Filing
Maria Grasso, Sr. EVP/COO of Flushing Financial Corp, reports the disposition of 448 shares to cover taxes and holdings in a 401(k) plan.
Summary
- Maria A. Grasso, a Senior EVP/COO at Flushing Financial Corp (FFIC), filed a Form 4 on January 31, 2025.
- The report details changes in her beneficial ownership of FFIC common stock.
- On January 30, 2025, 448 shares were disposed of at a price of $13.97 to satisfy tax obligations upon vesting.
- Following the transaction, Grasso directly owns 89,074 shares of common stock.
- She also indirectly owns 655 shares through her spouse and 13,087 shares through a 401(k) Savings Plan as of January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral report of stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of 401(k) Savings Plan holdings. |
| 01/30/2025 | Date of stock transaction (disposal of shares). |
| 01/31/2025 | Date of Form 4 filing. |
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