Kearny (KRNY) EVP Erika Parisi Receives Award; 4,110 Shares Withheld
$KRNY · Kearny Financial Corp.Research Summary
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Kearny (KRNY) EVP Erika Parisi Receives Award; 4,110 Shares Withheld
What Happened Erika K. Parisi, Executive Vice President and Chief Accounting Officer of Kearny Financial Corp. (KRNY), received an award of 6,886 restricted stock units (RSUs) on 2026-08-07 (acquired at $0.00). To satisfy tax withholding, 4,110 of those shares were withheld at an indicated value of $9.52 per share for a total of $39,127 (reported as disposition code F). The net result of the transaction was an increase of 2,776 shares held by Parisi (6,886 awarded less 4,110 withheld).
Key Details
- Transaction date(s): 2026-08-07 (award and tax withholding); SEC filing date: 2026-08-11.
- Award: 6,886 RSUs granted (A) at $0.00.
- Tax withholding: 4,110 shares withheld (F) at $9.52 per share, total ~$39,127.
- Net change: +2,776 shares (6,886 − 4,110).
- Vesting notes: Awards are restricted stock units that vest 33% per year; footnotes indicate different RSU tranches with vesting commencement dates of Aug 7 in 2024, 2025, 2026 and 2027.
- Filing timeliness: Form 4 filed on 2026-08-11 for transactions on 2026-08-07 (investors may note the filing date).
Context This was an equity award of RSUs with a routine cashless tax withholding (not an open-market sale). Restricted stock unit grants and corresponding withholdings are common for employee compensation and do not, by themselves, indicate a change in insider sentiment. The award vests over time (annual 33% vesting per the footnotes), so additional vested shares may be reported in future filings.