Form 4: Northfield Bancorp Director Frank P. Patafio Sells 5,000 Shares

Director Frank P. Patafio of Northfield Bancorp, Inc. [NFBK] sold 5,000 shares of common stock at an average price of $10.1328 on April 28, 2025.

Summary

• On April 28, 2025, Frank P. Patafio, a director of Northfield Bancorp, Inc. [NFBK], sold 5,000 shares of common stock.
• The sale was executed at a weighted average price of $10.1328 per share, with individual prices ranging from $10.13 to $10.14.
• Following the transaction, Patafio directly owns 147,938 shares of Northfield Bancorp, Inc. common stock.
• Patafio also indirectly owns 119,424 shares through a spouse.
• He also holds options for 32,000 shares of common stock exercisable at $14.76, expiring on May 27, 2025.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This Form 4 filing is a routine disclosure of a transaction by a company insider. Such filings are common and provide transparency to the market regarding the buying and selling activities of company executives and directors. It is difficult to assess the impact of this sale without additional context.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold compared to the total outstanding shares.

Key Dates

Keywords

Northfield Bancorp, NFBK, Frank P. Patafio, Director, Stock Sale, Form 4, Beneficial Ownership, Securities