Kenneth H. Thomas - 02 Nov 2022 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role: Director
Signature: /s/ Kenneth H. Thomas
Issuer symbol: NECB
Transactions as of: 02 Nov 2022
Net transactions value: +$6,989
Form type: 4
Filing time: 03 Nov 2022, 10:06:06 UTC
Previous filing: 04 Oct 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NECB	Common Stock	Purchase	$6,989	+520	+4.7%	$13.44	11,520	02 Nov 2022	By Trust
holding	NECB	Common Stock						23,505	02 Nov 2022	Direct
holding	NECB	Common Stock						495	02 Nov 2022	By Spouse
holding	NECB	Common Stock						14,480	02 Nov 2022	By Stock Award	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	NECB	Stock Option (right to buy)						36,201	02 Nov 2022	Common Stock	36,201	$12.40	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on September 30, 2023.
F2	Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on September 30, 2023.