Company: NECB
Filing Date: 2025-04-11
Form Type: DEF 14A
Source: 0001104659-25-034190
Chunk: 31

Company: NorthEast Community Bancorp, Inc./MD/
Filing Date: 2025-04-11
Form: DEF 14A
Chunk 31
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| (4) | Includes 12,768 shares held by the ESOP of Mr. Collazo’s spouse, 6,369 shares held by the 401(k) Plan                         
 of Mr. Collazo’s spouse, 3,000 shares of unvested restricted stock held by Mr. Collazo’s spouse which she has voting          
 but not investment power and includes 5,000 shares which Mr. Collazo’s spouse has the right to acquire through the exercise   
 of vested stock options.                                                                                                      |
| (5) | Includes 3,546 shares held by Mr. Magier’s spouse.                                                                            |
| (6) | Includes 1,966 shares held by Mr. Martinek’s spouse, 14,789 shares held by the ESOP of Mr. Martinek’s                         
 spouse, 6,000 shares of unvested restricted stock held by Mr. Martinek’s spouse which she has voting but not investment power 
 and includes 10,000 shares which Mr. Martinek’s spouse has the right to acquire through the exercise of vested stock options. |
| (7) | Includes 3,900 shares held by Mr. McKenzie’s spouse.                                                                          |
| (8) | Includes 11,520 shares held in a trust for which Mr. Thomas serves as trustee and 495 shares held                             
 by Mr. Thomas’ spouse.                                                                                                        |

Section 16(a) Beneficial Ownership Reporting Compliance Section 16(a) of the Securities Exchange Act of 1934 requires the Company’s executive officers and directors, and persons who own more than 10% of any registered class of the Company’s equity securities, to file reports of ownership and changes in ownership with the Securities and Exchange Commission. Executive officers, directors and greater than 10% stockholders are required by regulation to furnish the Company with copies of all Section 16(a) reports they file. 22 Based solely on its review of the copies of the reports it has received, and written representations provided to the Company from the individuals required to file the reports, the Company believes that each of its executive officers and directors has complied with applicable reporting requirements for transactions in the Company’s common stock during the year ended December 31, 2024. OTHER INFORMATION Policies And Procedures for Approval of Related Person Transactions The Board has adopted a written policy and set of procedures for the review, approval or ratification of transactions that could potentially be required to be reported under the SEC rules for disclosure of transactions in which related persons have