Form 4: Northfield Bancorp EVP William R. Jacobs Reports Changes in Beneficial Ownership
SEC Form 4 Filing
William R. Jacobs, EVP & PAO of Northfield Bancorp, reports changes in beneficial ownership of common stock due to tax obligations and ESOP/401(k) holdings.
Summary
- On February 17, 2025, William R. Jacobs, EVP & PAO of Northfield Bancorp, reported changes in his beneficial ownership of the company's common stock.
- 283 shares were withheld by the issuer to satisfy tax obligations at a price of $11.82.
- Jacobs directly owns 73,353 shares of common stock following the reported transaction.
- He also indirectly owns 33,098.587 shares through an ESOP and 12,166.07 shares through a 401(k).
- Jacobs also owns 12,000 stock options exercisable at $14.76, expiring on May 27, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the financial services industry.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 05/27/2016 | Date stock options were exercisable |
| 02/17/2025 | Date of transaction (stock withholding for taxes) |
| 02/19/2025 | Date of signature |
| 05/27/2025 | Expiration date of stock options |
Keywords
beneficial ownership, Northfield Bancorp, NFBK, Form 4, stock options, ESOP, 401(k), tax obligations, William R. Jacobs, EVP & PAO
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