Brookline Bancorp (BRKL) Amended Form 4: 44,322 Direct Shares, 231 ESOP Shares
Rhea-AI Filing Summary
Janytra M. Brooks, Chief Human Resources Officer of Brookline Bancorp, filed an amended Form 4 correcting the transaction code for activity dated 08/02/2025. The amended report shows 44,322 common shares beneficially owned directly and 231 common shares held indirectly through an ESOP. The filing explicitly states the holdings include restricted stock granted under the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan. The amendment’s stated purpose is to correct the code used on the original Form 4. The Form was filed by one reporting person.
Positive
- Amendment corrects reporting code, improving accuracy and regulatory compliance
- Clear disclosure of holdings: 44,322 direct shares and 231 indirect ESOP shares
- Includes restricted stock granted under the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan
- Form filed by one reporting person, indicating a single accountable filer
Negative
- None.
Insights
TL;DR: Amended Form 4 corrects a reporting code; officer reports 44,322 direct shares and 231 indirect ESOP shares.
The amendment appears administrative and addresses a reporting code error rather than a change in economic position. The filing discloses 44,322 directly held common shares and an indirect ESOP stake of 231 shares, and notes inclusion of restricted stock under the 2021 incentive plan. From a market-impact perspective, the disclosure provides transparency on insider holdings; no transaction quantities or prices that would imply a material transfer of ownership are reported beyond the corrected coding.
TL;DR: Correction signals compliance attention; ownership disclosures include restricted awards but show no material ownership change.
The amended filing and accompanying explanation indicate the reporting person and issuer are correcting an earlier administrative reporting error, which supports governance and Section 16 compliance. The report identifies the reporting person as an officer (Chief Human Resources Officer) and confirms holdings include restricted stock issued under the company’s 2021 Stock Option and Incentive Plan. The disclosure improves record accuracy for stakeholders without indicating a substantive change in control or voting power.
FAQ
What did the BRKL amended Form 4 report?
Who is the reporting person on the BRKL Form 4/A?
Does the filing show any restricted stock for BRKL insiders?
What transaction date is associated with the reported activity?
Was the Form 4/A filed by multiple reporting persons?