4Filed Aug 10, 8:00 PM ET
Kearny Financial (KRNY) CFO Sean Byrnes Receives 9,914 RSUs
$KRNY · Kearny Financial Corp.Research Summary
AI-generated summary of this SEC filing
Kearny Financial (KRNY) CFO Sean Byrnes Receives 9,914 RSUs
What Happened
- Sean Byrnes, EVP and Chief Financial Officer of Kearny Financial Corp. (KRNY), was granted 9,914 restricted stock units (RSUs) on 2026-08-07 (acquisition price $0.00). On the same date, 2,222 shares were disposed at $9.52 each to satisfy tax withholding, yielding $21,153. The grant is an award (not a market purchase); the sale was a routine tax-withholding transaction.
Key Details
- Transaction dates: 2026-08-07 (grant and tax-withholding sale). Filing date: 2026-08-11 (filed within the SEC’s 2-business-day window).
- Prices/values: RSU grant recorded at $0.00 acquisition price; 2,222 shares sold at $9.52 for $21,153.
- Transaction codes: A = Award/Grant (RSUs); F = Payment of exercise price or tax liability (tax-withholding sale).
- Shares owned after the transactions: not specified in the filing.
- Footnotes: filing references multiple RSU vesting schedules (33% per year) with commencement dates of Aug 7, 2024; Aug 7, 2025; Aug 7, 2026; and Aug 7, 2027. One footnote indicates certain transactions are not required to be reported under Section 16.
Context
- These RSUs are time-based awards that vest over years (graded vesting ~33% per year) rather than an immediate market purchase. The 2,222-share disposal was a tax-withholding sale to cover taxes on the award—common and typically considered routine rather than a directional insider bet.