Joyce Patrick M 4
4 · Kearny Financial Corp. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Kearny Financial EVP Joyce Patrick Sells 4,000 Shares
What Happened
Joyce Patrick, Executive Vice President and Chief Legal Officer of Kearny Financial Corp. (KRNY), sold a total of 4,000 shares in open-market transactions on January 28, 2026. The sales consisted of 3,900 shares at $7.65 each (proceeds $29,835) and 100 shares at $7.66 each (proceeds $766), for combined proceeds of approximately $30,601. These were sales (code S), which are often routine dispositions rather than purchases signaling bullishness.
Key Details
- Transaction date: 2026-01-28 (both trades). Prices: $7.65 (3,900 shares) and $7.66 (100 shares). Total proceeds ≈ $30,601.
- Transaction type: S = Sale (open market).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes in the filing: F1–F3 note restricted stock units (RSUs) that vest at 33% per year commencing Aug 7 of 2024, 2025, and 2026; F4 notes certain transactions not required to be reported under Section 16.
- Filing timeliness: Report filed on Jan 28, 2026 (same date as the report period); no late filing indicated.
Context
This was an open-market sale, which is commonly a routine liquidity or compensation-related action and does not by itself indicate management sentiment about the company’s prospects. Purchases generally carry more informational weight for investors; sales should be interpreted cautiously and within the broader context of other insider activity and company fundamentals.
Insider Transaction Report
- Sale
Common Stock
[F1][F2][F3]2026-01-28$7.65/sh−3,900$29,835→ 54,465 total - Sale
Common Stock
[F1][F2][F3]2026-01-28$7.66/sh−100$766→ 54,365 total
- 63,341(indirect: By ESOP)
Common Stock
[F4] - 37,326(indirect: By 401(k))
Common Stock
[F4] - 2,399(indirect: By BEP)
Common Stock
[F4] - 150,000
Stock Options
Exercise: $15.35From: 2017-12-01Exp: 2026-12-01→ Common Stock (150,000 underlying)
Footnotes (4)
- [F1]Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2026.
- [F2]Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2025.
- [F3]Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2024.
- [F4]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.