Form 4: Flushing Financial Corp Executive Maria Grasso Sells Shares

Maria Grasso, Sr. EVP/COO of Flushing Financial Corp, sold 4,500 shares of common stock at a weighted average price of $13.49 on August 20, 2024.

Summary

• On August 20, 2024, Maria A. Grasso, Sr. EVP/COO of Flushing Financial Corp, sold 4,500 shares of common stock.
• The shares were sold at a weighted average price of $13.49, with prices ranging from $13.49 to $13.51.
• Following the transaction, Ms. Grasso directly owns 83,238 shares of common stock.
• She also indirectly owns 12,562 shares through the Flushing Bank 401K Savings Plan and 655 shares through her spouse as of August 21, 2024.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of stock transactions by a company insider, providing transparency to the market regarding the executive's holdings and transactions in the company's stock.

Stakeholder Impact

• The sale of shares by a company executive may be perceived differently by stakeholders; some may see it as a lack of confidence in the company's future, while others may view it as a personal financial decision.

Key Dates