Form 4: Flushing Financial EVP Reports Routine Stock Activity
Insider Transaction Report
Astrid Burrowes, EVP of Flushing Financial Corp, reported a disposition of 311 common shares for tax withholding purposes.
Summary
- Astrid Burrowes, Executive Vice President (EVP) of Flushing Financial Corp (FFIC), reported a transaction involving company common stock.
- On January 28, 2026, 311 shares of common stock were disposed of at a price of $15.54 per share.
- This disposition was due to shares being withheld to satisfy tax obligations upon the vesting of equity awards.
- Following this transaction, Astrid Burrowes directly beneficially owns 48,361 shares of common stock.
- Additionally, 32,155 shares are indirectly beneficially owned through the Flushing Bank 401(k) Savings Plan as of January 27, 2026.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports a routine insider transaction related to tax withholding on vested equity, which is a standard administrative event and does not reflect on the company's operational or financial performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those involving shares withheld for tax obligations upon vesting of equity awards, are a common and routine occurrence in executive compensation structures across the financial industry. Such filings typically do not indicate a change in management's confidence or the company's operational performance.
Stakeholder Impact
- Minimal impact on shareholders as this is a routine, non-discretionary transaction for tax purposes related to executive compensation.
- No direct impact on employees, customers, suppliers, or creditors is indicated by this filing.
Key Dates
| Date | Description |
|---|---|
| 01/27/2026 | Date as of which shares are held in Flushing Bank 401(k) Savings Plan. |
| 01/28/2026 | Date of transaction where shares were disposed for tax withholding. |
| 01/30/2026 | Date the Form 4 was signed and filed. |
Keywords
FFIC, Flushing Financial Corp, Insider Transaction, Form 4, Executive Stock, Equity Compensation, Tax Withholding
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