Form 4: Flushing Financial Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Thomas Buonaiuto, SEVP of Flushing Financial Corp, reports disposition of shares to cover taxes and holdings in a 401(k) plan.
Summary
- Thomas Buonaiuto, a Senior Executive Vice President at Flushing Financial Corp (FFIC), filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On January 27, 2025, Mr. Buonaiuto disposed of 267 shares of common stock at a price of $14.53 per share to satisfy tax obligations upon vesting.
- Following the transaction, Mr. Buonaiuto directly owns 39,403 shares of Flushing Financial Corp common stock.
- Mr. Buonaiuto also indirectly owns 5,984 shares through the Flushing Bank 401(k) Savings Plan as of January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. It is a normal part of doing business.
Key Dates
| Date | Description |
|---|---|
| 01/27/2025 | Date of stock transaction (disposal of shares). |
| 01/27/2025 | Date of shares held in Flushing Bank 401(k) Savings Plan. |
| 01/29/2025 | Date of signature on the Form 4 filing. |
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