Grasso Maria A, serving as Senior Executive Vice President (SEVP), has demonstrated a consistent pattern of selling activity in Flushing Financial Corporation (FFIC) shares, with no recorded purchases across 25 transactions totaling $657,331 in proceeds. The bulk of the sales occurred in 2024, including two notable dispositions: a $315,293 transaction on February 27, 2024, and a $179,412 sale on June 13, 2024. Smaller but recurring sales took place in January of 2024, 2025, and 2026, typically ranging between $6,500 and $11,500 per transaction, with occasional larger dispositions such as the $57,322 sale on January 25, 2024.
The filings indicate a clear divestment trend, with Grasso executing multiple sales annually, particularly concentrated in late January—a pattern that may align with year-end compensation-related dispositions. The absence of any buy transactions suggests a long-term reduction in holdings rather than active portfolio rebalancing. While some filings show $0 value transactions (coded as gifts or other non-sale events), the monetized sales dominate the activity. The consistency in timing and the lack of repurchases point to a deliberate, phased exit strategy rather than opportunistic trading. All transactions were disclosed in compliance with SEC regulations, with no indication of irregular timing or unusual volume shifts relative to historical trading patterns.
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