secwatch.observer — SEC 8-K summary
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Issuer:     FLAGSTAR BANK, NATIONAL ASSOCIATION (FLG)
CIK:        0000910073
Form:       8-K
Filed at:   2024-05-01T23:59:59+00:00
Accession:  0001193125-24-127490
Event type: dividend
Sentiment:  neutral
Materiality: 0.50
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NYCB declares $0.01 common dividend; Series B dividend contingent on stockholder votes
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- Quarterly common dividend of $0.01 per share, payable June 17, 2024 to holders of record June 7, 2024.
- Series A preferred dividend of $15.94 per share ($0.3984 per depositary share), payable June 17.
- Series B preferred dividend: $10/share if stockholder proposals 4 & 7 approved by June 15, else $65/share.
- Series C preferred dividend of $65/share; shares converted to common before June 7 receive only $0.01 common dividend.
- Conversion of Series C expected by June 7 if proposals 4 & 7 approved by June 5.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/910073/000119312524127490/0001193125-24-127490-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/910073/000119312524127490/d741702d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-127490

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