Charles A. Martinek - Nov 18, 2024 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role
Director
Signature
/s/ Charles A. Martinek
Stock symbol
NECB
Transactions as of
Nov 18, 2024
Transactions value $
-$15,550
Form type
4
Date filed
11/20/2024, 04:01 PM
Previous filing
Dec 1, 2023
Next filing
Nov 27, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NECB Common Stock Tax liability -$15.6K -534 -29.52% $29.12 1.28K Nov 18, 2024 Direct F1
holding NECB Common Stock 6.34K Nov 18, 2024 By 401(k)
holding NECB Common Stock 17.5K Nov 18, 2024 By ESOP F2
holding NECB Common Stock 4.8K Nov 18, 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) 20K Nov 18, 2024 Common Stock 20K $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 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 equal annual installments commencing on November 17, 2023.