Form 4: Northfield Bancorp Director Gil Chapman Sells Shares

Director Gil Chapman of Northfield Bancorp, Inc. sold 11,000 shares of common stock at an average price of $11.89 on February 19, 2025.

Summary

• On February 19, 2025, Gil Chapman, a director of Northfield Bancorp, Inc., sold 11,000 shares of the company's common stock.
• The sale was executed at an average price of $11.89 per share.
• Following the transaction, Chapman directly owns 48,005 shares of Northfield Bancorp, Inc.
• Chapman also indirectly owns 7,651 shares through an IRA and 6,763 shares through a spouse's IRA.
• Chapman also holds options to purchase 32,000 shares of common stock at an exercise price of $14.76, which expire on May 27, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company insiders, allowing investors to monitor potential alignment or misalignment of interests between management and shareholders.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, potentially signaling a lack of confidence in the company's future prospects, although this is a small sale.

Key Dates

Keywords

Northfield Bancorp, Director, Share Sale, NFBK, Insider Trading, Form 4, Gil Chapman