Joyce Patrick M 4
Research Summary
AI-generated summary
Kearny Financial (KRNY) EVP Joyce Patrick Sells 2,500 Shares
What Happened
Joyce Patrick, Executive Vice President and Chief Legal Officer of Kearny Financial Corp. (KRNY), sold a total of 2,500 shares in open‑market transactions on June 9, 2026. The sales were: 180 shares at $8.45 ($1,521) and 2,320 shares at $8.46 ($19,627), for combined proceeds of approximately $21,148. These were outright sales (transaction code S), not purchases or option exercises.
Key Details
- Transaction dates and prices: 2026-06-09 — 180 shares @ $8.45 and 2,320 shares @ $8.46.
- Total shares sold: 2,500; total proceeds: ~$21,148.
- Filing: Form 4 filed with SEC on 2026-06-10 (timely within required reporting window).
- Shares owned after transaction: Not disclosed in the provided filing details.
- Footnotes of note:
- F1–F3: References to restricted stock units (RSUs) that vest at 33% per year commencing Aug 7, 2024; Aug 7, 2025; and Aug 7, 2026, respectively.
- F4: Indicates certain transactions that are not required to be reported under Section 16.
Context
This was a sale reported by an executive — sales can be routine (liquidity, diversification, tax withholding) and do not by themselves indicate company performance. No options exercises, gifts, or 10b5‑1 plan were disclosed in the provided information.