Kearny Financial (KRNY) EVP Joyce Patrick Receives Award, Sells Shares

What Happened

• Joyce Patrick, Executive Vice President & Chief Legal Officer of Kearny Financial Corp. (KRNY), was granted 8,062 restricted stock units (RSUs) on August 7, 2026 (award at $0.00). On the same date 4,517 shares were surrendered/ disposed to satisfy tax withholding obligations at $9.52 per share, totaling $43,002. The grant is an award (A) and the share disposition is recorded as tax withholding (F), not an open-market sale.

Key Details

• Transaction date: August 7, 2026; filing date: August 11, 2026 (filed within the required 2 business days).
• Award: 8,062 RSUs granted at $0.00.
• Tax withholding: 4,517 shares withheld/ disposed at $9.52 each, total value $43,002.
• Shares owned after transaction: not specified in the filing.
• Footnotes: filing describes these as restricted stock units that vest approximately 33% per year (various grants have commencement dates in 2024–2027). One footnote (F5) notes certain transactions may not be reportable under Section 16.
• Transaction codes: A = award/acquisition; F = tax withholding/tax payment.

Context

• These are RSU grant and tax-withholding transactions — a routine equity compensation event. The withheld 4,517 shares were used to satisfy tax obligations (cashless/stock-withholding), which is administrative rather than a market sell signal. The grants vest over multi-year schedules (roughly one-third per year), so most shares are not immediately transferable.