Donald S. Hom - 27 Feb 2024 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
EVP and CFO
Signature
/s/ Donald S. Hom
Issuer symbol
NECB
Transactions as of
27 Feb 2024
Net transactions value
+$14,080
Form type
4
Filing time
28 Feb 2024, 16:24:06 UTC
Previous filing
21 Nov 2023
Next filing
20 Nov 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Options Exercise $14,080 +1,000 +14% $14.08 7,956 27 Feb 2024 Direct
holding NECB Common Stock 21,905 27 Feb 2024 By ESOP F1
holding NECB Common Stock 26,613 27 Feb 2024 By Stock Award F2

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
transaction NECB Stock Option (right to buy) Options Exercise $0 -1,000 -1.2% $0.000000 82,164 27 Feb 2024 Common Stock 1,000 $14.08 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This form reflects an increase in beneficial ownership resulting from an exempt acquisition pursuant to Rule 16b-3(c).
F2 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.
F3 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.