Owes Keith 4
Research Summary
AI-generated summary
Blue Foundry (BLFY) CRO Keith Owes — 4,828 Shares Withheld for Taxes
What Happened
Keith Owes, Chief Risk Officer of Blue Foundry Bancorp (BLFY), had 4,828 shares disposed on 2026-03-25 through share withholding to satisfy tax obligations. The withholding was at $13.64 per share, for a total value of $65,871. This was a non‑market disposition (tax withholding), not an open‑market sale.
Key Details
- Transaction date and price: 2026-03-25 at $13.64 per share.
- Shares involved: 4,828 shares withheld; total value $65,871.
- Shares owned after transaction: Not specified in this filing.
- Footnote: F1 — shares were withheld by the issuer to satisfy tax obligations (tax withholding/cashless settlement).
- Filing: Report filed 2026-03-27 for the 2026-03-25 transaction; appears timely.
Context
Share withholding (code F) is commonly used to cover tax liabilities from option exercises or vesting of equity awards. It is a routine administrative disposition and does not indicate a deliberate open‑market sale by the insider.