KORZEKWINSKI FRANCIS W 4
4 · FLUSHING FINANCIAL CORP · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Flushing Financial (FFIC) SEVP Francis Korzekwinski Withholds 480 Shares
What Happened
Francis W. Korzekwinski, Senior Executive Vice President of Flushing Financial Corp (FFIC), had 480 shares withheld to satisfy tax withholding obligations following a vesting event. The shares were valued at $15.54 each for a total disposal value of $7,459. This was a tax-related withholding (not an open-market sale or a new purchase) and is generally considered a routine administrative transaction.
Key Details
- Transaction date: 2026-01-27; filing date: 2026-01-29 (appears timely).
- Amount: 480 shares withheld at $15.54 per share — total value $7,459.
- Transaction code: F — shares withheld to satisfy tax liability upon vesting.
- Shares owned after transaction: not specified in this filing; footnote indicates shares held in the Flushing Bank 401(k) Savings Plan as of 1/28/26.
- Footnotes: F1 = shares withheld to satisfy taxes upon vesting; F2 = shares held in Flushing Bank 401(k) Savings Plan a/o 1/28/26.
Context
This was a cashless, administrative withholding to cover taxes on vested awards, not a discretionary sale that signals insider sentiment. Such withholdings are common following vesting and do not necessarily reflect the insider’s view of the company’s stock.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-01-27$15.54/sh−480$7,459→ 81,473 total
- 108,278(indirect: By 401(k))
Common Stock
[F2]
Footnotes (2)
- [F1]Shares withheld to satisfy taxes upon vesting.
- [F2]Shares held in Flushing Bank 401(k) Savings Plan a/o 1/28/26.