Donald S. Hom - Nov 17, 2023 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
EVP and CFO
Signature
/s/ Donald S. Hom
Stock symbol
NECB
Transactions as of
Nov 17, 2023
Transactions value $
-$45,876
Form type
4
Date filed
11/21/2023, 03:25 PM
Previous filing
Nov 21, 2022
Next filing
Feb 28, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Tax liability -$45.9K -2.7K -27.94% $17.01 6.96K Nov 17, 2023 Direct F1
holding NECB Common Stock 19.8K Nov 17, 2023 By ESOP F2
holding NECB Common Stock 26.6K Nov 17, 2023 By Stock Award F3

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) 83.2K Nov 17, 2023 Common Stock 83.2K $14.08 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The number of shares held directly includes certain shares that were previously held by Stock Award and that have subsequently vested.
F2 This form reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c).
F3 Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.
F4 Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five approximately equal annual installments commencing on November 17, 2023.