Kearny Financial EVP Joyce Patrick Sells 4,000 Shares
$KRNY · Kearny Financial Corp.Research Summary
AI-generated summary of this SEC 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.