Form 4: Northfield Bancorp Director Reports Gift of Shares and Updates Beneficial Ownership
SEC Form 4 Filing
Director Frank P. Patafio reports a gift of Northfield Bancorp shares and updates his beneficial ownership, including direct and indirect holdings.
Summary
- Frank P. Patafio, a director of Northfield Bancorp, Inc. [NFBK], filed a Form 4 to report changes in beneficial ownership.
- On May 1, 2025, Patafio gifted 119,424 shares of common stock.
- Following the transaction, Patafio directly owns 267,362 shares of common stock.
- He also indirectly owns 119,424 shares through his spouse.
- Patafio also holds options for 32,000 shares of common stock, exercisable since May 27, 2016, and expiring on May 27, 2025, with an exercise price of $14.76.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their holdings and transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/27/2016 | Date stock options became exercisable |
| 05/01/2025 | Date of the gift transaction |
| 05/05/2025 | Date of signature on the Form 4 filing |
| 05/27/2025 | Expiration date of stock options |
Keywords
beneficial ownership, Form 4, Northfield Bancorp, NFBK, director, Patafio, stock options, common stock, gift
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