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