Kenneth A. Martinek - Jul 12, 2021 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
Chairman and CEO, Director
Signature
/s/ Kenneth A. Martinek
Stock symbol
NECB
Transactions as of
Jul 12, 2021
Transactions value $
$200,000
Form type
4
Date filed
7/14/2021, 04:26 PM
Next filing
May 23, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Purchase $200K +20K $10.00 20K Jul 12, 2021 Direct
transaction NECB Common Stock Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities $0 +64.2K $0.00 64.2K Jul 12, 2021 By 401(k) F1
transaction NECB Common Stock Other $0 +32.8K $0.00 32.8K Jul 12, 2021 By ESOP F1
transaction NECB Common Stock Other $0 +8.86K $0.00 8.86K Jul 12, 2021 By Spouse ESOP F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Plan of Conversion and Reorganization, as adopted on October 29, 2020 and amended on March 3, 2021, each share of NorthEast Community Bancorp, Inc. (Federal corporation) common stock was exchanged for 1.3400 shares of NorthEast Community Bancorp, Inc. (Maryland corporation) common stock, rounded down to the nearest whole share.