Perry Joseph, a director at Dime Commercial Bancshares, Inc., has reported two notable transactions involving the company's stock. This filing, dated October 28, 2026, highlights a significant change in ownership that could influence the governance and shareholder dynamics of the bank.

Background

Dime Commercial Bancshares, Inc. is a New York-based financial institution primarily engaged in the national commercial banking sector. The company operates under the ticker symbol DCOM and is listed on the NYSE. Recent filings indicate that Dime Commercial Bancshares has undergone several name changes, with its most recent being in February 2021 from Dime Community Bancshares, Inc.

What the Filing Says

The SEC filing reveals that Perry Joseph disposed of 3,000 shares of Series A Preferred Stock at a price of $16.88 per share. Following this transaction, he no longer holds any shares of this stock. Additionally, Joseph acquired 194 shares of The Joseph John Perry Rev. Trust, increasing his holdings in this trust to 54,806 shares. The filing states, "These securities are held by The Joseph John Perry Rev. Trust of which Joseph Perry is the trustee."

Impact

These transactions may affect the governance structure of Dime Commercial Bancshares, as ownership changes can influence decision-making processes within the company. The filing indicates that Joseph's actions are part of his role as a director, which may also signal broader trends in the national commercial banking sector.

What's Next

The filing does not say what happens next.