Form 4: Flushing Financial Corp Executive Vice President Theresa Kelly Reports Stock Transaction

Executive Vice President Theresa Kelly of Flushing Financial Corp reported a transaction involving the disposal of 199 shares to cover taxes and holdings of 31,018 shares in a 401k.

Summary

• Theresa Kelly, an Executive Vice President at Flushing Financial Corp, reported a stock transaction on January 30, 2025.
• The transaction involved the disposal of 199 shares of common stock at a price of $13.97 per share to cover taxes related to vesting.
• Following the transaction, Ms. Kelly directly owns 46,899 shares of common stock.
• Ms. Kelly also indirectly owns 31,018 shares of common stock through the Flushing Bank 401(k) Savings Plan as of January 27, 2025.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of a stock transaction, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine disclosure of a stock transaction by a company executive, which is common in the financial industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
• The transaction is typical for executives who receive stock as part of their compensation and need to cover taxes upon vesting.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares by an executive to cover taxes.

Key Dates

Keywords

Flushing Financial Corp, FFIC, Theresa Kelly, Executive Vice President, stock transaction, Form 4, insider trading, 401k, share disposal