secwatch.observer — SEC 8-K summary
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Issuer:     Northfield Bancorp, Inc. (NFBK)
CIK:        0001493225
Form:       8-K
Filed at:   2023-01-31T23:59:59+00:00
Accession:  0001493225-23-000007
Event type: other_material
Sentiment:  neutral
Materiality: 0.25
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Northfield Bancorp grants 157,525 restricted shares and 34,724 RSUs; adopts 2023 cash incentive plan
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- Granted 157,525 restricted shares and 34,724 RSUs to directors and employees under 2019 Equity Incentive Plan.
- Time-based employee awards vest in equal installments over three years; director awards vest fully on Jan 27, 2024.
- Performance-based RSUs to executive officers vest subject to achievement of a specified three-year goal, adjustable for above/below target.
- Board approved 2023 Management Cash Incentive Plan; awards require at least 80% of budgeted net income to trigger.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1493225/000149322523000007/0001493225-23-000007-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1493225/000149322523000007/nfbk-20230125.htm
  HTML page:      https://secwatch.observer/filing/0001493225-23-000007

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer