Form 4: Flushing Financial Corp Executive Reports Stock Transaction
SEC Form 4 Filing
Francis W. Korzekwinski, a Senior EVP at Flushing Financial Corp, reports the withholding of shares to cover taxes upon vesting and holdings in a 401(k) Savings Plan.
Summary
- On January 27, 2025, Francis W. Korzekwinski, a Senior EVP at Flushing Financial Corp, had 419 shares of common stock withheld to satisfy taxes upon vesting at a price of $14.53.
- Following the transaction, Korzekwinski directly owns 54,755 shares of common stock.
- Korzekwinski also indirectly owns 99,559 shares through a 401(k) Savings Plan as of January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock transaction (shares withheld for taxes) and 401(k) holdings. |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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