Cirillo Charles Michael 4

What Happened
Charles Michael Cirillo, a director of NorthEast Community Bancorp, sold 3,566 common shares in an open-market transaction on March 12, 2026. The shares traded at $22.94 per share, producing gross proceeds of approximately $81,804. This was a sale (not a purchase or option exercise), which is often routine insider selling.

Key Details

• Transaction date and price: 2026-03-12, 3,566 shares at $22.94 each (≈ $81,804 total).
• Filing date: Form 4 filed 2026-03-13 (filed promptly; within Form 4 timing rules).
• Shares owned after transaction: not disclosed in the provided filing.
• Footnotes in the filing: F1 and F2 note that stock awards and stock options granted under NECB’s 2022 Equity Incentive Plan vest in five roughly equal annual installments beginning Sept 30, 2023. These vesting terms describe prior grants but are not an indication of this specific sale.
• No 10b5-1 trading plan, tax-withholding sale, or late filing was indicated in the provided information.

Context
This was a straight open-market sale by a company director. Sales by insiders can be for many personal reasons and do not by themselves indicate a change in company fundamentals. For derivative or award-related transactions, filings typically clarify whether shares were sold to cover option exercise costs or taxes; that detail was not present here.