DCOM Dime Community Bancshares, Inc. /NY/ Insider Trading

CEO Stuart Lubow sells 25,026 shares ($878.1K) across 2 transactions; retains 202,648 shares post-sale.

Stuart Lubow, President & CEO of Dime Community Bancshares, executed 2 separate sales totaling 25,026 shares for $878,104.17 at a blended average price of $35.09. The CEO's post-transaction holdings of 202,648 shares represent an 11.0% reduction from his pre-transaction position of 227,674 shares. The stock has appreciated 15.2% over the past 30 days and 35.0% over the past 90 days, trading near its 52-week high of $36.36; the transactions occurred at prices below both the current market price of $35.60 and the recent peak. With a P/E of 26.77 and market cap of $1,562,638,682.00, the company trades at an elevated multiple despite modest annual revenue growth of 1.8%.

BASSWOOD CAPITAL sold 20,537 shares at $26.25 & bought 20,537 at $26.26 (same-day, $205 spread)

BASSWOOD CAPITAL MANAGEMENT executed a same-day purchase and sale of identical share quantities (20,537 shares each) on 2025-11-04, with a minimal price spread of $26.25 (sale) to $26.26 (purchase), netting a $205.37 loss. This structure—equal buy and sell volumes on the same day at virtually identical prices—is characteristic of a non-discretionary transaction, likely tied to option exercise settlement, restricted stock vesting, or a Rule 10b5-1 trading plan rather than a conviction-driven market decision. The insider's holdings increased to 1,034,158 shares post-transaction, and the stock has declined 27.9% from its 52-week high of $36.59; however, the negligible net position change and the mechanical pricing suggest the transaction does not reflect an insider judgment about current valuation. Given the routine nature of the trade structure and minimal economic effect, this transaction has low investor significance for directional signaling.

Basswood Capital sold 40,500 shares at $27.20; bought 40,500 shares at $27.21—near-identical offsetting trades totaling $1.1M.

BASSWOOD CAPITAL MANAGEMENT, L.L.C., a director, executed 5 separate sales totaling 40,500 shares for $1,101,600.00 and 2 separate purchases totaling 40,500 shares for $1,102,005.00 on the same day (2025-06-09), with transaction prices ranging between $27.20 and $27.21. The trades are numerically offsetting and occurred at virtually identical price points, yielding no net change in position size (165,169 shares held post-transaction) and a de minimis net cash impact of approximately $405. This pattern suggests execution of a structured trading arrangement—potentially a 10b5-1 plan or a pre-arranged exercise and sale—rather than a discretionary market judgment. The offsetting buy-sell structure eliminates exposure to directional price movement and yields no material change in ownership; the timing, volume, and price uniformity across transactions indicate these are coordinated rather than independent decisions. Prior trades at DCOM show mixed outcomes (2 of 5 prior trades well-timed at 90-day mark), but the mechanical nature of today's offsetting trades removes the significance of historical timing patterns from the analysis.

CFO Reddy executes near-zero-net offsetting trades: 500 shares bought at $19.36 and 500 sold at $19.38 on same day.

Reddy Avinash, SEVP and Chief Financial Officer of DCOM, filed 2 separate transactions on 2025-02-28: a purchase of 500 shares at $19.36 totaling $9,677.95 and a sale of 500 shares at $19.38 totaling $9,687.50. The buy and sell occurred on the same day at virtually identical prices ($19.36 vs $19.38), resulting in a net position change of zero shares and a negligible economic outcome of $9.55 profit on the pair. With the stock currently trading at $28.44, the transaction prices represent a significant historical discount, yet the offsetting nature and minimal net exposure suggest this filing reflects administrative or tax-planning activity rather than a conviction-driven position adjustment. The pattern warrants inquiry into whether this represents a scheduled 10b5-1 activity, option-exercise-related mechanics, or similar non-discretionary trading.

Director bought 186 DCOM shares at $31.01; stock down 10.1% in 90 days, insider's cross-ticker buys underperform.

BASSWOOD CAPITAL MANAGEMENT, L.L.C. purchased 186 shares of Dime Community Bancshares at $31.01 on 2025-02-14, increasing holdings by +13.7% to 1,545 shares. The transaction occurs in a market environment where DCOM has declined 10.1% over the prior 90 days and is trading 14.0% below its 52-week high of $36.59. Notably, this director executed both a sell (30 shares on 2025-02-12) and a buy (186 shares on 2025-02-14) within two days, suggesting tactical activity rather than directional conviction. The director's cross-ticker track record shows 18 prior open-market buys with an average 90-day return of -3.1% and a 90-day win rate of 28.57%, indicating a pattern of underperformance after purchases.

Director Basswood Capital sold 9,815 shares at $31.20 on 2025-02-12, reducing stake by 20.4% to 37,147 shares

Basswood Capital Management executed 2 separate transactions on the same date: purchased 316 shares at $31.30 and sold 9,815 shares at $31.20, resulting in a net reduction of 9,499 shares (20.4% of pre-transaction holdings). The $306,228.00 sale proceeds dwarf the $9,890.80 purchase, indicating a material portfolio reduction rather than rebalancing. The stock is currently trading at $31.34, down 14.4% from its 52-week high of $36.59 and down 2.8% over 30 days. While the insider's cross-ticker track record shows mixed timing discipline (33.33% win rate on prior buys, with average 90-day return of -2.8%), his prior trades at DCOM showed one measurable outcome: a November 2024 buy returned +2.0% at the 90-day mark, suggesting some familiarity with DCOM's price patterns. The material reduction in a long-held stake warrants monitoring of subsequent quarterly fundamentals and price trajectory.

Director Basswood Capital Management bought 1,043 shares of DCOM at $31.23 on 2025-01-31, initiating a new position

Basswood Capital Management, a director, purchased 1,043 shares of Dime Community Bancshares at $31.23 on January 31, 2025, establishing an initial position. This represents the second transaction by this insider at DCOM; a prior buy on 2024-11-12 showed a 30-day gain of +8.0%. The current price of $32.01 is 12.5% below the 52-week high of $36.59, placing the stock in the lower range of its annual trading band. The insider's cross-ticker track record shows 19 prior buys with a 41.18% 90-day win rate and average 90-day return of -1.0%, indicating a mixed historical pattern. The company's fundamentals show quarterly revenue of $4,267,000.00, net income of $13,327,000.00, and a P/E ratio of 19.05 against a $1.3B market cap.

DCOM: Basswood Capital (Director) buys 29,000 shares at $32.00; now holds 1,044,221 shares (+2.9%)

Basswood Capital Management purchased 29,000 shares of DCOM at $32.00 on 2024-11-12, adding to a substantial existing position that grew from 1,015,221 to 1,044,221 shares. The transaction occurred near recent price strength—the stock is currently at $33.85, up 10.6% over 30 days and 44.5% over 90 days, though it sits 2.3% below its 52-week high of $34.66. Across the insider's broader portfolio of 20 prior open-market purchases across all tickers, the cross-ticker track record shows modest returns averaging -4.9% in 30 days and +1.2% in 90 days, with a 50.00% win rate. The company trades at a P/E of 20.15 on recent quarterly fundamentals showing revenue of $4.3M and net income of $13.3M.