other material
confidence high
sentiment neutral
materiality 0.25
Northfield Bancorp grants 172,272 RSUs and approves 2026 cash incentive plan
Northfield Bancorp, Inc.
- Compensation Committee approved 172,272 restricted stock units to directors and employees under 2019 Equity Incentive Plan.
- Time-based RSUs for employees vest over three years; directors' RSUs vest fully on February 4, 2027.
- RSUs are cash-settled based on fair market value of stock on vesting date; no dividend equivalents.
- Board approved 2026 Management Cash Incentive Plan for executives and select officers, with performance-based payouts.
- Cash incentive plan includes clawback provisions; payouts subject to Compensation Committee discretion.