Form 4: Northfield Bancorp EVP Lefkowitz Reports Stock Transactions

Sentiment:

SEC Form 4


EVP Robin Lefkowitz of Northfield Bancorp reports the withholding of shares to cover tax obligations and details holdings in company stock through direct ownership, a 401(k), and an ESOP.

Summary

  • Robin Lefkowitz, an Executive Vice President at Northfield Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
  • On February 17, 2025, 195 shares of common stock were withheld by the issuer to satisfy tax obligations at a price of $11.82 per share.
  • Following the transaction, Lefkowitz directly owns 26,957 shares of common stock.
  • Lefkowitz also indirectly owns 24,555.58 shares through a 401(k) and 32,892.43 shares through an ESOP.
  • The report also details ownership of stock options, including 40,000 options exercisable at $18.44 (expiring 11/16/2026) and 10,000 options exercisable at $14.76 (expiring 05/27/2025).

Sentiment

Score: 5

Explanation: This is a routine filing related to stock transactions for tax purposes and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates routine tax obligation fulfillment and provides a snapshot of Lefkowitz's holdings in Northfield Bancorp.

Key Dates

DateDescription
05/27/2016Date of grant for 10,000 stock options exercisable at $14.76, expiring on 05/27/2025
11/16/2017Date of grant for 40,000 stock options exercisable at $18.44, expiring on 11/16/2026
02/17/2025Date of transaction: 195 shares withheld for tax obligations.
02/19/2025Date of signature on the Form 4 filing.
05/27/2025Expiration date for 10,000 stock options exercisable at $14.76.
11/16/2026Expiration date for 40,000 stock options exercisable at $18.44.

Keywords

Form 4, beneficial ownership, stock options, NFBK, Northfield Bancorp, Lefkowitz, ESOP, 401(k), tax obligations, stock

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