Key facts
- This page summarizes Kevin Cummings's Form 4 filing for Investors Bancorp, Inc..
- 6 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 07 Apr 2022, 18:22.
Kevin Cummings - 06 Apr 2022 Form 4 Insider Report for Investors Bancorp, Inc.
- Reporting relationship
- Chairman and CEO, Director
- Issuer ticker
- N/A
- Reported as of
- 06 Apr 2022
- Net transaction value
- -$966,718
- SEC form
- 4
- Accepted by SEC
- 07 Apr 2022, 18:22:13 UTC
- Prior SEC filing
- 25 Jun 2021
- Next SEC filing
- 02 May 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Brian Doran, pursuant to power of attorney
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Kevin Cummings filed Form 4 for Investors Bancorp, Inc. on 07 Apr 2022.
Change
- Previous filing in this sequence was filed on 25 Jun 2021.
- Current net transaction value: -$966,718.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ISBC
transaction
Common Stock
Tax liability
- Transaction value
- $966,718
- Shares
- -64,750
- Change %
- -4.1%
- Price
- $14.93
- Shares after
- 1,522,384
- Date
- 06 Apr 2022
- Ownership
- Direct
ISBC
transaction
Common Stock
Other
- Transaction value
- Shares
- -1,522,384
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Apr 2022
- Ownership
- Direct
- Footnotes
- F1
ISBC
transaction
Common Stock
Other
- Transaction value
- Shares
- -14,359
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Apr 2022
- Ownership
- By 401K
- Footnotes
- F1
ISBC
transaction
Common Stock
Other
- Transaction value
- Shares
- -79,925
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Apr 2022
- Ownership
- By IRA
- Footnotes
- F1
ISBC
transaction
Common Stock
Other
- Transaction value
- Shares
- -50,375
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Apr 2022
- Ownership
- By ESOP
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ISBC
transaction
Derivative
Stock Options
Other
- Transaction value
- Shares
- -525,120
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 06 Apr 2022
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 525,120
- Exercise price
- $12.54
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Kevin Cummings is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Each share of common stock was converted into and became exchangeable for the right to receive (i) $1.46 in cash and (ii) 0.297 of a share of Citizens Financial Group. Inc. common stock.
Footnote F2
Each option was converted into an option to purchase a number of shares of Citizens Financial Group Inc.'s common stock (rounded down to the nearest whole share) determined by multiplying (i) the number of shares of Investors Bancorp Inc. common stock subject to such stock option by (ii) 0.3272, at a per share exercise price (rounded up to the nearest whole cent) equal to the quotient obtained by dividing (a) the per share exercise price for each share of Investors Bancorp, Inc. common stock subject to such option by (b) 0.0302.