Form 4: Northfield Bancorp Director Timothy C. Harrison Acquires 10,000 Shares

Director Timothy C. Harrison of Northfield Bancorp, Inc. recently purchased 10,000 shares of common stock at an average price of $8.1564.

Summary

• On June 12, 2024, Timothy C. Harrison, a director of Northfield Bancorp, Inc., acquired 10,000 shares of common stock.
• The purchase was made at a weighted average price of $8.1564 per share, with individual prices ranging from $8.13 to $8.17.
• Following the transaction, Harrison directly owns 77,682 shares of Northfield Bancorp, Inc.
• Harrison also owns stock options for 32,000 shares of common stock with an exercise price of $14.76, exercisable from May 27, 2016, and expiring on May 27, 2025.

Sentiment

Score: 6

Explanation: A director purchasing shares is generally a positive sign, suggesting confidence in the company's future. However, the purchase is relatively small, so the impact is moderate.

Positives

• A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are routine disclosures of transactions by company insiders and are closely watched by investors for signals about management's view of the company's prospects. Director purchases are generally viewed more favorably than sales.

Stakeholder Impact

• The purchase could have a slightly positive impact on shareholder sentiment.

Key Dates