Jose M. Collazo - 18 Nov 2024 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
President and COO, Director
Signature
/s/ Jose M. Collazo
Issuer symbol
NECB
Transactions as of
18 Nov 2024
Net transactions value
-$176,584
Form type
4
Filing time
20 Nov 2024, 16:01:22 UTC
Previous filing
21 Nov 2023
Next filing
27 Aug 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Tax liability $176,584 -6,064 -29% $29.12 14,813 18 Nov 2024 Direct F1
holding NECB Common Stock 9,499 18 Nov 2024 By 401(k)
holding NECB Common Stock 27,774 18 Nov 2024 By ESOP F2
holding NECB Common Stock 6,178 18 Nov 2024 By Spouse 401(k)
holding NECB Common Stock 11,759 18 Nov 2024 By Spouse ESOP F2
holding NECB Common Stock 3,000 18 Nov 2024 By Spouse Stock Award F3
holding NECB Common Stock 32,874 18 Nov 2024 By Stock Award F4

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) 136,977 18 Nov 2024 Common Stock 136,977 $14.08 Direct F5
holding NECB Stock Option (right to buy) 12,500 18 Nov 2024 Common Stock 12,500 $14.08 By Spouse F6
* 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 by Spouse Stock Award which 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 equal annual installments commencing on November 17, 2023.
F4 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.
F5 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.
F6 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.