Fasanella David 4
4 · Northfield Bancorp, Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Northfield Bancorp EVP David Fasanella Buys 7,500 Shares
What Happened
David Fasanella, Executive Vice President of Northfield Bancorp, acquired 7,500 shares of NFBK in an open-market purchase on March 19, 2026. The shares were bought at $13.07 per share, for a total transaction value of $98,025. This was a buy (purchase) rather than a sale.
Key Details
- Transaction date and price: 2026-03-19 — 7,500 shares @ $13.07 each.
- Total value: $98,025.
- Transaction type/code: Open-market purchase (P).
- Filing date: 2026-03-20 (filed the day after the transaction); this appears to be timely under Section 16 reporting requirements.
- Shares owned after transaction: not specified in the supplied filing details.
- Relevant footnotes from the filing:
- F1: Notes some transactions were not required to be reported pursuant to Section 16.
- F2: Indicates restricted stock units (RSUs) represent contingent rights to receive cash equal to the value of one share at vesting.
- F3: RSUs (if applicable) vest in three equal annual installments beginning one year after grant.
Context
Purchases by insiders can be interpreted as a positive signal, but they do not prove future performance; retail investors should consider this trade alongside the company’s fundamentals and broader insider activity. The filing includes RSU-related footnotes describing cash-settled units that vest over three years, which are separate from the open-market purchase reported here.
Insider Transaction Report
- Purchase
Common Stock
2026-03-19$13.07/sh+7,500$98,025→ 11,500 total(indirect: By IRA)
- 49,924
Common Stock
- 9,611.95(indirect: ESOP)
Common Stock
[F1] - 2,362.15(indirect: By 401(k))
Common Stock
[F1] - 15,066
Restricted Stock Units
[F2][F3]→ Common Stock (15,066 underlying)
Footnotes (3)
- [F1]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
- [F2]Each restricted stock unit represents a contingent right to receive cash equal to the value of one share of Issuer common stock in date of vesting.
- [F3]Restricted stock units vest in three equal annual installments beginning one year following the date of grant.