Beidner Elyse D. 4

What Happened
Elyse D. Beidner, Executive Vice President and Chief Legal Officer of Blue Foundry Bancorp, had 709 shares withheld by the issuer to satisfy tax obligations tied to equity vesting. The withholding was executed at $13.15 per share for a total value of $9,323 and was reported on a Form 4 covering the Feb 1, 2026 transaction. This is a tax-withholding disposition (not an open-market sale).

Key Details

• Transaction date: 2026-02-01
• Filing date (Form 4): 2026-02-03 (appears timely)
• Transaction type/code: F — shares withheld to satisfy tax obligations (disposed)
• Shares affected: 709 shares withheld at $13.15 per share; total $9,323
• Shares owned after transaction: Not specified in this filing
• Footnotes: F1—shares withheld by the issuer to satisfy tax obligations; F2—stock options vest ratably over seven years beginning Oct 19, 2023

Context
This was a routine tax-withholding transaction commonly used when options vest (the issuer withholds shares rather than the insider selling shares on the open market). Such withholdings are administrative and do not necessarily indicate insider sentiment about the company’s stock. Footnote F2 indicates the related options vest ratably over seven years starting Oct 19, 2023, so additional vesting events may occur in the future.