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Brookline Bancorp HR chief trims stake with $38.7K sale

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Brookline Bancorp Inc. (BRKL) – Form 4 insider transaction

Chief Human Resources Officer Janytra M. Brooks reported four same-day open-market sales on 08/02/2025 at $10.28 per share:

  • 1,596 shares
  • 532 shares
  • 765 shares
  • 870 shares

Total shares sold: 3,763, generating roughly $38.7 thousand in proceeds. Following the transactions, Brooks directly owns 44,322 common shares and indirectly holds 231 shares through the company ESOP.

Footnotes indicate the presence of performance-based restricted stock granted under the 2021 Stock Option and Incentive Plan; these restricted shares are included in the reported ownership figures and vest on the third anniversary of grant, subject to performance metrics.

No derivative transactions were reported. The filing was signed on 08/05/2025.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Small insider sale; immaterial to valuation.

The sale equals ~7.8% of Brooks’ prior direct stake and <0.01% of BRKL’s outstanding shares, limiting market impact. Price aligns with recent trading range, suggesting a routine liquidity move rather than a signal on fundamentals. Retained ownership plus unvested performance shares indicates continued alignment with shareholders. I view the disclosure as neutral for valuation models and do not adjust earnings or capital assumptions.

TL;DR: Governance unchanged; modest insider sale noted.

Brooks remains an executive officer after the sale. Transactions were properly disclosed within two business days, demonstrating compliance with Section 16. The presence of unvested performance-based awards supports long-term incentive alignment. However, any insider selling can raise perception questions; monitoring further sales is prudent. Overall governance impact is minimal.

Insider Brooks Janytra M
Role Chief Human Resources Officer
Sold 3,763 shs ($39K)
Type Security Shares Price Value
Sale Common 1,596 $10.28 $16K
Sale Common 532 $10.28 $5K
Sale Common 765 $10.28 $8K
Sale Common 870 $10.28 $9K
holding Common -- -- --
Holdings After Transaction: Common — 46,489 shares (Direct); Common — 231 shares (Indirect, by ESOP)
Footnotes (1)
  1. Performance based restricted stock shares granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics. Includes shares of restricted stock granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Brooks Janytra M

(Last) (First) (Middle)
131 CLARENDON STREET

(Street)
BOSTON MA 02116

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
BROOKLINE BANCORP INC [ BRKL ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Human Resources Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/02/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common 08/02/2025 S 1,596(1) D $10.28 46,489 D
Common 08/02/2025 S 532 D $10.28 45,957 D
Common 08/02/2025 S 765 D $10.28 45,192 D
Common 08/02/2025 S 870 D $10.28 44,322(2) D
Common 231 I by ESOP
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Performance based restricted stock shares granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan. The shares vest on the third anniversary of the date of grant based on certain performance based metrics.
2. Includes shares of restricted stock granted pursuant to the Brookline Bancorp, Inc. 2021 Stock Option and Incentive Plan.
Remarks:
Janytra M. Brooks, by Marissa S. Martin, POA 08/05/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many BRKL shares did Janytra M. Brooks sell?

Brooks sold 3,763 Brookline Bancorp common shares on 08/02/2025.

At what price were the shares sold?

All shares were sold at $10.28 per share.

What is Brooks’ remaining ownership in BRKL?

After the sales, Brooks owns 44,322 shares directly and 231 shares indirectly via the ESOP.

Were any derivative securities involved in this Form 4?

No derivative securities were acquired or disposed of in the reported transaction.

Do the reported holdings include restricted stock?

Yes. Footnotes show the totals include performance-based restricted shares granted under the 2021 Stock Option and Incentive Plan.