4
Featured
Impact 6/10
Insider Transaction
FLAGSTAR BANK, NATIONAL ASSOCIATION ($NYSE:FLG)
Summary
Form 4 shows Flagstar Bank Exec Chairman and CEO Joseph M. Otting purchased 47,324 common shares on 2026-11-10 at $10.49 per share, a total of $496,428.76. The purchase was direct, not under a 10b5-1 plan. Following the transaction, Otting directly owns 1,088,823 shares.
Key points
- CEO Otting bought 47,324 shares at $10.49 each.
- Total purchase value was $496,428.76.
- Direct ownership rose to 1,088,823 shares.
- Transaction was not executed under a 10b5-1 plan.
Insider transaction — significant buy
InsiderOtting Joseph M (Exec Chairman and CEO)
Actionpurchase
Shares47,324
Price$10.49
Total value$496,428.76
Owned after1,088,823
Market impact
Price data unavailable.
Why this matters
A CEO's open-market purchase of nearly $500K signals insider confidence in the bank's value.
Sector context
_Not applicable._
Risk factors
_Not applicable._
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