Form 4: Flushing Financial Corp Executive Reports Stock Transactions
SEC Form 4 Filing
Michael Bingold, SEVP of Flushing Financial Corp, reports the withholding of shares to cover taxes and holdings in a 401(k) plan.
Summary
- On January 27, 2025, Michael Bingold, SEVP of Flushing Financial Corp, had shares withheld to satisfy taxes upon vesting.
- A total of 419 shares were withheld at a price of $14.53 per share.
- Following the transaction, Bingold directly owns 58,744 shares of common stock.
- Bingold also indirectly owns 7,521 shares through the Flushing Bank 401(k) Savings Plan as of January 27, 2025.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for executives to manage their stock holdings for tax and diversification 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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