Swansson Timothy A 4

What Happened
Timothy A. Swansson, EVP and Chief Technology & Information Officer of Kearny Financial Corp. (KRNY), reported open‑market sales of a total of 4,000 shares on March 10, 2026. The sales were executed in multiple trades: 900 shares at $7.59, 600 shares at $7.59, 2,000 shares at $7.60, 400 shares at $7.61, and 100 shares at $7.61, for combined proceeds of approximately $30,391. These were sales (code S), which are often routine dispositions rather than a signal to buy.

Key Details

• Transaction date: 2026-03-10 (filed 2026-03-12; filing appears timely)
• Trades and prices: 900 @ $7.59; 600 @ $7.59; 2,000 @ $7.60; 400 @ $7.61; 100 @ $7.61
• Total shares sold: 4,000; total proceeds ≈ $30,391
• Shares owned after transaction: not specified in the provided filing excerpt
• Footnotes in filing:
  • F1: Reflects transactions not required to be reported under Section 16
  • F2–F4: Refer to restricted stock units vesting 33% per year starting on various dates (Aug 7, 2024/2025/2026)
  • F5: Refers to restricted stock vesting 20% per year starting June 1, 2022
• Transaction type: Open market sale(s) (code S); no option exercises, gifts, or purchases reported

Context
These were straightforward open‑market sales by an executive officer. Sales do not necessarily indicate negative views of the company—insiders sell for many reasons (diversification, tax planning, liquidity). No derivative or complex transactions were reported in this filing, and the footnotes mainly describe outstanding restricted awards and vesting schedules.