Charles A. Martinek - 01 Dec 2023 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
Director
Signature
/s/ Charles A. Martinek
Issuer symbol
NECB
Transactions as of
01 Dec 2023
Net transactions value
-$17,052
Form type
4
Filing time
01 Dec 2023, 16:02:19 UTC
Previous filing
21 Nov 2023
Next filing
20 Nov 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Sale $17,052 -1,000 -83% $17.05 209 01 Dec 2023 Direct
holding NECB Common Stock 6,337 01 Dec 2023 By 401(k)
holding NECB Common Stock 16,329 01 Dec 2023 By ESOP
holding NECB Common Stock 6,400 01 Dec 2023 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) 20,000 01 Dec 2023 Common Stock 20,000 $14.08 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 November 17, 2023.
F2 Stock Options granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on November 17, 2023.