Bcb Bancorp director Gallotta purchases $502 in shares

Investing.com · 2026-11-06 10:15 UTC

Bcb Bancorp director Gallotta purchases $502 in shares

Steven E. Gallotta, a director at BCB Bancorp Inc. (NASDAQ:BCBP), recently acquired shares of the company’s common stock. The transaction, reported in a Form 4 filing with the Securities and Exchange Commission, occurred on November 2, 2026.

Mr. Gallotta purchased 55 shares at a price of $9.1299 per share, for a total value of approximately $502. These shares were bought in the open market through a broker to satisfy the minimum director share ownership requirement under New Jersey Banking Law. The purchase comes as BCBP shares have delivered a 24% return over the past year, though InvestingPro analysis suggests the stock is currently overvalued relative to its Fair Value. According to InvestingPro Tips, the company has maintained dividend payments for 21 consecutive years, currently yielding 3.5%.

Following this transaction, Mr. Gallotta holds a direct beneficial ownership of 1,514 shares of BCB Bancorp common stock. This total includes 1,459 shares of restricted stock that were awarded on October 28, 2026, and previously reported.

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