Roselle Acela 4
4 · Blue Foundry Bancorp · Filed Feb 3, 2026
Research Summary
AI-generated summary of this filing
Blue Foundry (BLFY) EVP Roselle Acela Withholds 548 Shares for Taxes
What Happened Roselle Acela, Executive Vice President and Human Resources Director at Blue Foundry Bancorp (BLFY), had 548 shares withheld by the company to cover tax obligations related to equity compensation. The withholding was recorded at $13.15 per share, totaling approximately $7,206, with the transaction dated February 1, 2026.
Key Details
- Transaction date: 2026-02-01; Price per share: $13.15; Shares withheld/disposed: 548; Total value: $7,206.
- Transaction type: F (shares withheld to satisfy tax obligations), not an open-market sale.
- Filing date / report accession: Form 4 filed Feb 3, 2026 (two days after the transaction date).
- Shares owned after transaction: not disclosed in this filing excerpt.
- Footnotes: F1 = shares withheld by issuer to satisfy tax obligations; F2 = related stock options vest ratably over seven years commencing Oct 19, 2023.
Context This was a tax-withholding event tied to equity compensation (likely option vesting), not a market sale for cash—so it generally does not signal the same market sentiment as an open-market sale. The filing notes that the underlying options vest ratably over seven years starting Oct 19, 2023.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-02-01$13.15/sh−548$7,206→ 14,858 total
- 8,694(indirect: By ESOP)
Common Stock
- 20,000(indirect: By 401(k))
Common Stock
- 55,000
Stock Options
[F2]Exercise: $11.69From: 2023-10-19Exp: 2032-10-19→ Common Stock (55,000 underlying)
Footnotes (2)
- [F1]Represents shares withheld by the issuer to satisfy tax obligations.
- [F2]Stock options vest ratably for seven years commencing on October 19, 2023.