Kenneth A. Martinek - 20 May 2022 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Signature
/s/ Kenneth A. Martinek
Issuer symbol
NECB
Transactions as of
20 May 2022
Net transactions value
+$108,320
Form type
4
Filing time
23 May 2022, 12:05:17 UTC
Previous filing
14 Jul 2021
Next filing
24 May 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Purchase $108,320 +10,000 +50% $10.83 30,000 20 May 2022 Direct F1
holding NECB Common Stock 65,151 20 May 2022 By 401(k) F2
holding NECB Common Stock 35,515 20 May 2022 By ESOP F2
holding NECB Common Stock 10,429 20 May 2022 By Spouse ESOP F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $10.80 to $10.88, inclusive. The reporting person undertakes to provide to NorthEast Community Bancorp, Inc., any security holder of NorthEast Community Bancorp, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares at each separate price within the ranges set forth in this footnote.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).