Dime Community Bancshares CEO Sells 25K Shares Amid Capital Strategy Changes

Stuart H. Lubow, President and CEO of Dime Community Bancshares (DCOM +0.68%), reported the sale of 25,026 shares of Common Stock across multiple open-market transactions on Feb. 12 and Feb. 13, 2026, according to a SEC Form 4 filing.

Transaction summary

Metric Value
Shares sold (direct) 25,026
Transaction value $878,000
Post-transaction shares (direct) 202,648
Post-transaction shares (indirect) 8,000
Post-transaction value (direct ownership) $7.14 million

_Transaction value based on SEC Form 4 weighted average purchase price ($35.09); post-transaction value based on Feb. 13, 2026 transaction price ($35.09). _

Key questions

  • How does the size of this sale compare to Mr. Lubow’s previous activity?
    With only two open-market sales since March 2023, this transaction is larger than his prior sale of 20,000 shares.
  • What was the impact of this transaction on Mr. Lubow’s ownership?
    Following the sale, direct Common Stock holdings decreased by 9.91%, from 252,612 to 202,648 shares, while total beneficial ownership remains robust due to additional indirect and Preferred Stock holdings.

Company overview

Metric Value
Revenue (TTM) $409.90 million
Net income (TTM) $101.51 million
Dividend yield 2.92%
1-year price change 8.97%
  • 1-year performance calculated using Feb. 21, 2026 as the reference date.

Expand

NASDAQ: DCOM

Dime Community Bancshares

Today’s Change

(0.68%) $0.23

Current Price

$34.24

Key Data Points

Market Cap

$1.5B

Day’s Range

$33.65 - $34.31

52wk Range

$23.25 - $36.86

Volume

15K

Avg Vol

290K

Dividend Yield

2.92%

Company snapshot

Dime Community Bancshares is a regional banking institution with a significant presence in the New York, that offers commercial and consumer banking products, including deposit accounts, commercial real estate loans, multi-family and residential mortgages, construction loans, and a range of secured and unsecured lending products. It serves small to mid-sized businesses, consumers, and local municipalities across Long Island and New York City boroughs.

What this transaction means for investors

It should be noted that the filing mentions that in addition to the shares Lubow sold, he also holds shares indirectly and holds preferred stock. He holds 5,439 indirect shares of common stock through his 401k plan, and another 19,499 through his spouse, where he is the beneficiary. He also holds 8,000 shares of preferred stock (Series A), which typically represents stock that pays dividends, as opposed to the common stock that often has voting rights.

In late January 2026, Dime announced its reauthorization of a repurchasing plan of approximately 1.5 million common shares. While the company states that there is no assurance that the repurchasing will be 100% completed or happen at all, it does create space for the stock to gain additional value.

Dime had a very strong Q4 in FY 2025, reporting a 159.40% year-over-year (YoY) increase in revenue, the largest increase since Q2 2021. The company’s stock is up approximately 14% so far in 2026 (as of Feb. 21, 2026).

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