other material
confidence high
sentiment neutral
materiality 0.35
Northfield Bancorp grants 189,991 restricted shares and 43,672 PSUs; adopts 2024 cash incentive plan
Northfield Bancorp, Inc.
- Granted 189,991 restricted shares to directors and employees under 2019 Equity Incentive Plan; employee vesting in thirds over three years, director vesting on Jan 26, 2025.
- Granted 43,672 performance-based restricted stock units to executive officers; vesting depends on achieving a specified three-year performance goal.
- Adopted 2024 Management Cash Incentive Plan for executives and other selected employees; target awards as a percentage of base salary with performance goals set by Compensation Committee.
- Incentive awards are subject to clawback under the Company's Clawback Policy.