Form 4: Northfield Bancorp Director Sells Shares in Open Market Transaction

Sentiment:

SEC Form 4 Filing


Annette Catino, a director at Northfield Bancorp, sold 296 shares of common stock at an average price of $13.21 on December 17, 2024.

Summary

  • Annette Catino, a director of Northfield Bancorp, Inc., sold 296 shares of common stock on December 17, 2024.
  • The sale was executed at a weighted average price of $13.21 per share, with individual prices ranging from $13.20 to $13.24.
  • Following the transaction, Ms. Catino directly owns 225,357 shares of Northfield Bancorp common stock.
  • She also indirectly owns 37,460 shares through a SEP and 21,000 shares through an IRA.
  • Ms. Catino 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 neutral report of a routine insider transaction. There is no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for directors and officers to buy and sell shares of their company's stock. These transactions are closely monitored by regulators and investors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the United States.
  • The transaction is relatively small in volume, suggesting it is not a major event.
  • The sale is within the normal range of insider trading activity.

Stakeholder Impact

  • The sale of shares by a director may have a minor impact on investor sentiment, but is unlikely to significantly affect the share price.

Key Dates

DateDescription
05/27/2016Date stock options were granted.
12/17/2024Date of the stock sale transaction.
12/19/2024Date the Form 4 was signed.
05/27/2025Expiration date of stock options.

Keywords

Northfield Bancorp, insider trading, stock sale, Form 4, director, NFBK, equity securities

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