View:
Download DOC
Download PDF
Download XLS
SEC FORM 4SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940		 
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
checkbox uncheckedCheck this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
checkbox uncheckedCheck this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
BASSWOOD CAPITAL MANAGEMENT, L.L.C.
(Last)(First)(Middle)
645 MADISON AVENUE
10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
2. Issuer Name and Ticker or Trading Symbol
Dime Commercial Bancshares, Inc. /NY/ [ DCOM ]
Foreign Trading Symbol
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
checkbox checkedDirector10% Owner
Officer (give title below)checkbox checkedOther (specify below)
Director-by-Deputization
3. Date of Earliest Transaction (Month/Day/Year)
07/30/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
checkbox checkedForm filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock, par value $0.01 per share ("Common Stock")07/30/2026S6,187D$40.79976,668ISee footnote(1)(2)
Common Stock07/30/2026S1,244D$40.79143,573ISee footnote(1)(3)
Common Stock07/30/2026S57D$40.796,728ISee footnote(1)(4)
Common Stock07/30/2026S3,115D$40.79455,318ISee footnote(1)(5)
Common Stock07/30/2026S326D$40.7933,593ISee footnote(1)(6)
Common Stock07/31/2026S30,661D$40.76946,007ISee footnote(1)(2)
Common Stock07/31/2026S5,931D$40.76137,642ISee footnote(1)(3)
Common Stock07/31/2026S288D$40.766,440ISee footnote(1)(4)
Common Stock07/31/2026S14,990D$40.76440,328ISee footnote(1)(5)
Common Stock07/31/2026S1,130D$40.7632,463ISee footnote(1)(6)
Common Stock08/03/2026S14,907D$41.17931,100ISee footnote(1)(2)
Common Stock08/03/2026S1,571D$41.17136,071ISee footnote(1)(3)
Common Stock08/03/2026S44D$41.176,396ISee footnote(1)(4)
Common Stock08/03/2026S3,987D$41.17436,341ISee footnote(1)(5)
Common Stock08/03/2026S178D$41.1732,285ISee footnote(1)(6)
Common Stock1,545ISee footnote(1)(7)
Common Stock179,380D(1)(8)
Common Stock138,282D(1)(9)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
BASSWOOD CAPITAL MANAGEMENT, L.L.C.
(Last)(First)(Middle)
645 MADISON AVENUE
10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
LINDENBAUM BENNETT D
(Last)(First)(Middle)
BASSWOOD CAPITAL MANAGEMENT, L.L.C.
645 MADISON AVE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
LINDENBAUM MATTHEW A
(Last)(First)(Middle)
BASSWOOD CAPITAL MANAGEMENT, L.L.C.
645 MADISON AVE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
BASSWOOD FINANCIAL FUND, L.P.
(Last)(First)(Middle)
C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C.
645 MADISON AVENUE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
BASSWOOD OPPORTUNITY PARTNERS, L.P.
(Last)(First)(Middle)
C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C.
645 MADISON AVENUE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
Basswood Financial Fund, Ltd.
(Last)(First)(Middle)
C/O BASSWOOD CAPITAL MANAGEMENT, L.L.C.
645 MADISON AVENUE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
1. Name and Address of Reporting Person*
BASSWOOD FINANCIAL LONG ONLY FUND, L.P.
(Last)(First)(Middle)
645 MADISON AVE, 10TH FLOOR
(Street)
NEW YORKNY10022
(City)(State)(Zip)
Explanation of Responses:
1. Notes are included on Exhibit 99.1 hereto.
2. Notes are included on Exhibit 99.1 hereto.
3. Notes are included on Exhibit 99.1 hereto.
4. Notes are included on Exhibit 99.1 hereto.
5. Notes are included on Exhibit 99.1 hereto.
6. Notes are included on Exhibit 99.1 hereto.
7. Notes are included on Exhibit 99.1 hereto.
8. Notes are included on Exhibit 99.1 hereto.
9. Notes are included on Exhibit 99.1 hereto.
Remarks:
Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information Exhibit 99.3 - Joint Filers' Signatures
Basswood Capital Management, L.L.C.08/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
 

Designated File                                                Basswood Capital Management, L.L.C.

Issuer & Ticker Symbol                                   Dime Community Bancshares, Inc. [DCOM]

Date of Event Requiring Statement:                July 30, 2026

                                                                                                                                                                                                      

Explanation of Responses:

1.        This Form 4 is filed on behalf of Matthew Lindenbaum, Bennett Lindenbaum, Basswood Capital Management, L.L.C. (“BCM”), Basswood Financial Fund, LP (“BFF LP”), Basswood Financial Fund, Ltd. (“BFF LTD”), Basswood Opportunity Partners, LP (“BOP”) and Basswood Financial Long Only Fund, LP (“BFLOF”) (collectively, the “Reporting Persons”).  BCM is the investment manager or adviser to BFF LP, BFF LTD, BOP, BFLOF and Basswood Strategic Financial Fund (“BSFF”) and (collectively, the “Funds”) and certain separate managed accounts managed by BCM (the “Managed Accounts”) and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts. Basswood Partners, L.L.C. (“Partners”) is the general partner of BFF LP, BOP, BFLOF, and BSFF, and may be deemed to have a pecuniary interest in the Common Stock held directly by BFF LP, BOP, BFLOF, and BSFF. Matthew Lindenbaum and Bennett Lindenbaum are the managing members of BCM and may be deemed to have a pecuniary interest in the Common Stock directly held by the Funds and held in the Managed Accounts, and also directly hold shares of Common Stock.  In accordance with Instruction 4(b)(iv), the entire amount of Common Stock held by the Funds or Managed Accounts are reported herein. Each Reporting Person disclaims beneficial ownership of all shares of Common Stock that are beneficially owned by the Funds or Managed Accounts, except to the extent of any direct or indirect pecuniary interest therein. BCM also disclaims beneficial ownership of the shares held directly by Matthew Lindenbaum and Bennett Lindenbaum. Matthew Lindenbaum and Bennett Lindenbaum each disclaim beneficial ownership of the shares held directly by the other. The inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of any securities reported herein for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise.

Matthew Lindenbaum, a managing member of BCM, serves on the board of directors of the Issuer as a representative of the Reporting Persons.  As a result, each of the Reporting Persons is a “director-by-deputization” solely for purposes of Section 16 of the Exchange Act.  By reason of the provisions of Rule 16a-1 of the Exchange Act, each of the Reporting Persons may be deemed to be a beneficial owner of the shares of Common Stock issued to Matthew Lindenbaum. 

2.        Common Stock held directly by certain separate Managed Accounts managed by BCM.

3.        Common Stock held directly by BFF LP.

4.        Common Stock held directly by BFF LTD.

5.        Common Stock held directly by BOP.

6.        Common Stock held directly by BFLOF.

7.        Common Stock held directly by BSFF.

8.        Common Stock held directly by Matthew Lindenbaum, which includes 1,865 shares of Common Stock underlying restricted stock unit awards. As of the date hereof, Matthew Lindenbaum also has a short position of 161,015 shares of Common Stock that was entered into prior to Matthew Lindenbaum becoming a reporting person.

9.        Common Stock held directly by Bennett Lindenbaum. As of the date hereof, Bennett Lindenbaum also has a short position of 138,281 shares of Common Stock that was entered into prior to Bennett Lindenbaum becoming a reporting person.


 

Exhibit 99.2 - Joint Filer Information
Joint Filers:
 
1. Name:
Matthew Lindenbaum
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
2. Name:
Bennett Lindenbaum
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
3. Name:
Basswood Capital Management, L.L.C.
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
4. Name:
Basswood Financial Fund, LP
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
 
5. Name:
Basswood Financial Fund, Ltd.
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
6. Name:
Basswood Opportunity Partners, LP
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
7. Name:
Basswood Financial Long Only Fund, LP
Address: c/o Basswood Capital Management, LLC
645 Madison Avenue, 10th Floor
New York, NY 10022
 
 

Designated File                                                Basswood Capital Management, L.L.C.

Issuer & Ticker Symbol                                   Dime Community Bancshares, Inc. [DCOM]

Date of Event Requiring Statement:                July 30, 2026

            Exhibit 99.3 - Joint Filers’ Signatures

 

 

/s/ Matthew Lindenbaum______________________

Matthew Lindenbaum

 

 

/s/ Bennett Lindenbaum                                        

Bennett Lindenbaum

 

 

 

Basswood Capital Management, L.L.C.

 

By:_/s/ Matthew Lindenbaum                               
Name: Matthew Lindenbaum
Title: Managing Member

 

 

 

Basswood Financial Fund, LP

 

By: Basswood Capital Management, L.L.C.

 

By:_/s/ Matthew Lindenbaum                                                   
Title: Managing Member

 

Basswood Financial Fund, Ltd.

 

By: Basswood Capital Management, L.L.C.

 

By:/s/ Matthew Lindenbaum                                   
Name: Matthew Lindenbaum
Title: Managing Member

 

 

 

Basswood Opportunity Partners, LP

 

By: Basswood Capital Management, L.L.C.

 

By: /s/ Matthew Lindenbaum                                   
Name: Matthew Lindenbaum
Title: Managing Member

 

 

 

Basswood Financial Long Only Fund, LP

 

By: Basswood Capital Management, L.L.C.

 

By:/s/ Matthew Lindenbaum                                     
Name: Matthew Lindenbaum
Title: Managing Member