Donald S. Hom - 18 Nov 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
18 Nov 2024
Net transactions value
-$82,992
Form type
4
Filing time
20 Nov 2024, 16:01:24 UTC
Previous filing
28 Feb 2024
Next filing
06 Dec 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 Tax liability $82,992 -2,850 -20% $29.12 11,759 18 Nov 2024 Direct F1
holding NECB Common Stock 10,953 18 Nov 2024 By ESOP F2
holding NECB Common Stock 10,952 18 Nov 2024 By IRA F2
holding NECB Common Stock 19,960 18 Nov 2024 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) 82,164 18 Nov 2024 Common Stock 82,164 $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 In connection with an ESOP diversification election a portion of shares held indirectly by ESOP have been transferred and are now held indirectly by IRA. This transaction is exempt pursuant to Rule 16a-13.
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