Goldstein Robert Thomas 4

What Happened

• Robert T. Goldstein, a director of Blue Foundry Bancorp (BLFY), reported dispositions totaling 182,629 Blue Foundry shares or option-equivalent shares. Transactions on 2026-03-30 and 2026-04-01 show disposals to the issuer (code D). Reported share counts: 39,283; 27,887; 8,500; and a derivative disposition of 106,959. Prices are listed as N/A because the transfers were made to the issuer under the merger agreement rather than open-market sales.

Key Details

• Transaction dates: 2026-03-30 (derivative disposition of 106,959) and 2026-04-01 (39,283; 27,887; 8,500).
• Reported prices: N/A (dispositions to issuer under merger terms).
• Total shares/options disposed: 182,629.
• Shares owned after the transactions: not disclosed in this filing.
• Footnotes of note:
  • F1: Under the Merger Agreement (Nov 24, 2025), each Blue Foundry common share was converted into the right to receive 0.650 shares of Fulton Financial common stock (cash paid in lieu of fractional shares).
  • F2: Stock options vest 20% per year starting Aug 26, 2023.
  • F3: Outstanding options (vested or unvested) were cancelled and converted into a cash payment per the merger formula (per-share consideration cited at $13.6435), less taxes/withholdings.
• Filing timeliness: Form 4 filed 2026-04-01 reporting transactions through 2026-03-30; no late-filing flag indicated.

Context

• The bulk of these disposals appear to be merger-related: common shares were converted into Fulton Financial shares per the merger (not sold on the open market), and option-related (derivative) holdings were cancelled and converted to cash under the merger terms. Dispositions to the issuer in a merger are routine and reflect transaction mechanics rather than an independent decision to sell on the open market.