Eugene M. Magier - 03 Feb 2025 Form 4 Insider Report for NorthEast Community Bancorp, Inc./MD/ (NECB)

Role: Director
Signature: /s/ Eugene M. Magier
Issuer symbol: NECB
Transactions as of: 03 Feb 2025
Net transactions value: +$8.4
Form type: 4
Filing time: 05 Feb 2025, 16:12:10 UTC
Previous filing: 04 Oct 2022
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	$89,776	+7,240	+44%	$12.40	23,546	03 Feb 2025	Direct
transaction	NECB	Common Stock	Tax liability	$89,768	-3,679	-16%	$24.40	19,867	03 Feb 2025	Direct	F1
holding	NECB	Common Stock						3,546	03 Feb 2025	By Spouse
holding	NECB	Common Stock						8,688	03 Feb 2025	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	-7,240	-20%	$0.000000	28,961	03 Feb 2025	Common Stock	7,240	$12.40	Direct	F3

* 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	Stock Awards granted pursuant to the NorthEast Community Bancorp, Inc. 2022 Equity Incentive Plan vest in five equal annual installments commencing on September 30, 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 September 30, 2023.