4Filed Aug 10, 8:00 PM ET

Kearny (KRNY) EVP Anthony Bilotta Receives RSU Award, Sells 3,561

$KRNY · Kearny Financial Corp.

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Kearny (KRNY) EVP Anthony Bilotta Receives RSU Award, Sells 3,561

What Happened
Anthony V. Bilotta Jr., EVP and Chief Banking Officer of Kearny Financial Corp. (KRNY), received an award of 7,578 restricted stock units (RSUs) on Aug 7, 2026 (grant valued at $0 at issuance). On the same date, 3,561 shares were disposed of (withheld) at $9.52 per share to satisfy tax withholding obligations, totaling $33,901. The award is a grant of RSUs (an equity award), not an open-market purchase.

Key Details

  • Transaction dates: Aug 7, 2026 (grant and tax-withholding disposition). Filing date: Aug 11, 2026 (within the typical two-business-day Form 4 filing window for an Aug 7 transaction).
  • Grant: 7,578 RSUs granted (code A — award/grant), acquisition price reported $0.00.
  • Tax withholding/disposition: 3,561 shares disposed (code F — payment of exercise price or tax liability) at $9.52/share = $33,901.
  • Shares owned after transaction: not specified in the supplied filing details.
  • Footnotes: the filing notes RSU vesting schedules that generally vest at 33% per year with staggered commencement dates (vest commencement years referenced include 2024, 2025, 2026, and 2027). One footnote also indicates certain transactions were not required to be reported under Section 16.

Context

  • These were RSU award and tax-withholding transactions. The disposal was a tax-withholding action (common when RSUs vest or are delivered) rather than a market sale expressing a change in sentiment.
  • For retail investors tracking insider activity, grants show executive compensation alignment with shareholders; withheld shares to cover taxes are routine and do not by themselves indicate buying or selling conviction.