Welcome to our dedicated page for Blue Foundry Ban SEC filings (Ticker: BLFY), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Blue Foundry Bancorp filings document the bank holding company's completed merger into Fulton Financial Corporation and the related public-company status changes for BLFY common stock. The record includes Form 8-K material-event reports for the merger closing and shareholder vote, Nasdaq's Form 25 removal from listing and registration, and Form 15 termination of Exchange Act registration for the common stock.
Earlier filings also covered operating results for Blue Foundry Bancorp as the holding company for Blue Foundry Bank, including quarterly financial-condition disclosures, capital-structure matters, material agreements, governance topics, and shareholder voting records.
Blue Foundry Bancorp director Jonathan M. Shaw reported dispositions of his common stock and stock options in connection with the company’s merger with Fulton Financial Corporation. On 2026-04-01, he disposed of 45,808 directly held common shares and additional indirect holdings through an IRA, spouse’s IRA, and as custodian for a child.
A prior transaction on 2026-03-30 shows disposition of 106,959 stock options with a strike price of $11.5400 per share. Footnotes state that, under the November 24, 2025 Merger Agreement, each Blue Foundry share was converted into 0.650 Fulton Financial share and each outstanding option was cancelled in exchange for a cash payment based on a per share consideration price of $13.6435.
Blue Foundry Bancorp executive Aleksandr Malkiman disposed of his remaining company equity in connection with a completed merger with Fulton Financial Corporation. The Form 4 shows the return of 17,723 shares of common stock held directly and 6,278 shares held indirectly through an ESOP back to the issuer. In addition, 68,800 stock options with a strike price of $11.69 per share were cancelled.
Under the merger agreement, each share of Blue Foundry common stock was converted into the right to receive 0.650 shares of Fulton Financial Corporation common stock, with cash paid in lieu of fractional shares. Each outstanding Blue Foundry stock option was converted into a cash right equal to the spread between its exercise price and a per share consideration price of $13.6435, multiplied by the number of option shares, less applicable taxes and withholdings. Following these transactions, the filing shows no remaining Blue Foundry common stock or options held by Malkiman.
Blue Foundry Bancorp President and CEO James D. Nesci reported disposing of common stock and stock options in connection with the company’s merger with Fulton Financial Corporation. On April 1, 2026, he disposed of 113,178 shares of common stock held directly and 57,154 shares held indirectly through an IRA, ESOP, and 401(k), all as dispositions to the issuer rather than open‑market sales. On March 30, 2026, a stock option covering 570,450 shares of common stock with an exercise price of $11.69 per share was also disposed of to the issuer. Under the merger agreement, each share of Blue Foundry common stock was converted into the right to receive 0.650 shares of Fulton Financial common stock, and each outstanding option was cancelled for a cash payment based on a per share consideration price of $13.6435.
Blue Foundry Bancorp SVP Chief Audit Officer Thomas Packwood disposed of his entire reported equity position in connection with the company’s merger with Fulton Financial Corporation. He returned 11,600 shares of common stock held directly to the issuer and disposed of 11,241 shares held indirectly through an ESOP and 5,000 shares held indirectly through a 401(k) plan.
In addition, 55,000 stock options with a per share exercise price of $11.6900 were cancelled and converted into a cash payment based on the merger consideration price of $13.6435 per share. Under the merger agreement, each Blue Foundry common share was converted into the right to receive 0.650 shares of Fulton Financial Corporation common stock, with cash paid in lieu of fractional shares. Following these transactions, the filing shows no remaining common stock or options for Packwood in Blue Foundry.
Blue Foundry Bancorp EVP and CFO Kelly Pecoraro reported dispositions of all her Blue Foundry equity interests in connection with the company’s merger with Fulton Financial Corporation.
She disposed of 41,663 shares of common stock held directly and 6,483 shares held indirectly through an ESOP. In addition, 177,000 stock options with a per share exercise price of $11.6900 were cancelled.
Under the Merger Agreement, each Blue Foundry common share was converted into the right to receive 0.650 shares of Fulton Financial common stock, while each outstanding option was converted into a cash payment based on the difference between the option’s exercise price and the per share consideration price of $13.6435. Following these transactions, no Blue Foundry shares or options are reported as held.
Blue Foundry Bancorp EVP/Human Resources Director Roselle Acela disposed of her Blue Foundry equity in connection with the company’s merger with Fulton Financial Corporation. The filing shows issuer dispositions of 11,291 shares of common stock held directly, 20,000 shares held through a 401(k), and 11,091 shares held through an ESOP.
Each Blue Foundry common share was converted into the right to receive 0.650 shares of Fulton Financial Corporation common stock under the merger agreement. In addition, 55,000 stock options with a strike price of $11.69 were cancelled and converted into a cash payment based on the difference between the $13.6435 per share consideration and the exercise price, multiplied by the option share count. Following these transactions, the filing reports zero Blue Foundry shares and options remaining for Acela.
Blue Foundry Bancorp Chief Risk Officer Keith Owes reported a disposition of 8,982 shares of common stock back to the company in connection with its merger with Fulton Financial Corporation. Under the merger agreement, each Blue Foundry share was converted into the right to receive 0.650 shares of Fulton Financial Corporation common stock, with cash paid instead of any fractional shares. Following this transaction, Owes reported owning 0 shares of Blue Foundry common stock directly.
Blue Foundry Bancorp submitted a Form 25 notification relating to the removal/withdrawal of its Common Stock from listing and registration on the Nasdaq Stock Market LLC.
The exchange certified compliance with Rule 17 CFR 240.12d2-2 governing strikes and voluntary withdrawals; the filing is an administrative notice of delisting action.
Blue Foundry Bancorp has completed its merger into Fulton Financial Corporation, with Fulton surviving the transaction. Each share of Blue Foundry common stock was converted into the right to receive 0.650 of a share of Fulton common stock, plus cash in lieu of fractional shares. In total, former Blue Foundry stockholders are entitled to receive approximately 12,435,599 shares of Fulton common stock as merger consideration. Blue Foundry common stock has been delisted from the Nasdaq Global Select Market, and Fulton plans to file Form 15 to terminate Blue Foundry’s SEC registration and reporting obligations.
Blue Foundry Bancorp outlines its banking operations and details a pending all-stock merger with Fulton Financial Corporation valued at approximately $243.0 million based on prices on November 21, 2025. Blue Foundry shareholders are expected to receive 0.65 Fulton shares for each Blue Foundry share when the merger closes, targeted for on or around April 1, 2026, following shareholder and regulatory approvals.
At December 31, 2025, the company reported assets of $2.17 billion, net loans of $1.68 billion and deposits of $1.51 billion. Its loan book is concentrated in multifamily, residential, and commercial real estate lending in northern New Jersey, with non‑performing loans equal to 0.67% of total loans.