Form 4: Northfield Bancorp EVP William R. Jacobs Acquires Shares
SEC Form 4
William R. Jacobs, EVP & PAO of Northfield Bancorp, Inc., recently purchased 1,000 shares of common stock at an average price of $7.55.
Summary
- On June 11, 2024, William R. Jacobs, the EVP & PAO of Northfield Bancorp, Inc., acquired 1,000 shares of common stock.
- The purchase price was $7.55 per share.
- The transaction increased Jacobs' direct holdings to 67,065 shares of common stock.
- Jacobs also indirectly owns 33,098.587 shares through an ESOP and 11,929.539 shares through a 401(k).
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. An executive purchasing shares suggests confidence, but the scale of the purchase is not significant enough to warrant a higher score.
Positives
- The purchase of shares by an executive could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into management's perspective on the company's valuation and future performance. Purchases are generally viewed more favorably than sales.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/27/2016 | Date stock options were granted. |
| 05/27/2025 | Expiration date of stock options. |
| 06/11/2024 | Date of common stock purchase. |
| 06/12/2024 | Date of signature on the Form 4 filing. |
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