STOCK TITAN

[Form 4] Brookline Bancorp Inc Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Mark J. Meiklejohn, Chief Credit Officer and director of Brookline Bancorp, Inc. (BRKL), reported multiple dispositions of company common stock on 08/25/2025. The Form 4 shows four separate dispositions totaling 10,939 shares sold at $11.03 per share. After these transactions the reporting person beneficially owned 101,003 shares. The filing explains these were performance-based restricted stock shares that vested under the company’s 2021 Stock Option and Incentive Plan and pursuant to the Agreement and Plan of Merger among Berkshire Hills Bancorp, Commerce Acquisition Sub and Brookline Bancorp. The Form 4 was signed by a power of attorney on 08/27/2025.

Mark J. Meiklejohn, Chief Credit Officer e membro del consiglio di amministrazione di Brookline Bancorp, Inc. (BRKL), ha effettuato più cessioni di azioni ordinarie della società il 25/08/2025. Il Form 4 riporta quattro operazioni distinte per un totale di 10.939 azioni vendute al prezzo di $11,03 per azione. Dopo queste transazioni il soggetto segnalante deteneva beneficiariamente 101.003 azioni. Il documento specifica che si trattava di azioni vincolate maturate in base al Piano di Opzioni Azionarie e Incentivi 2021 della società e ai termini dell'Agreement and Plan of Merger tra Berkshire Hills Bancorp, Commerce Acquisition Sub e Brookline Bancorp. Il Form 4 è stato firmato mediante procura il 27/08/2025.

Mark J. Meiklejohn, Chief Credit Officer y director de Brookline Bancorp, Inc. (BRKL), comunicó varias disposiciones de acciones comunes de la compañía el 25/08/2025. El Formulario 4 muestra cuatro disposiciones separadas que suman 10.939 acciones vendidas a $11,03 por acción. Tras estas operaciones, la persona informante poseía beneficiariamente 101.003 acciones. La presentación aclara que se trató de acciones restringidas basadas en desempeño que vencieron conforme al Plan de Opciones sobre Acciones e Incentivos 2021 de la compañía y conforme al Agreement and Plan of Merger entre Berkshire Hills Bancorp, Commerce Acquisition Sub y Brookline Bancorp. El Form 4 fue suscrito por poder el 27/08/2025.

Mark J. Meiklejohn은(는) Brookline Bancorp, Inc.(BRKL)의 최고 신용 책임자 겸 이사로서 2025-08-25에 회사 보통주를 여러 차례 처분했습니다. Form 4에는 총 10,939주가 주당 $11.03에 네 건으로 나누어 매도된 것으로 기재되어 있습니다. 이러한 거래 후 보고자는 101,003주의 실질적 소유권을 보유하고 있었습니다. 서류에는 해당 주식들이 회사의 2021 주식 옵션 및 인센티브 계획에 따라 성과 기반으로 부여된 제한주가 성숙되어 발생한 것임과 Berkshire Hills Bancorp, Commerce Acquisition Sub 및 Brookline Bancorp 간의 합병 계약서(Agreement and Plan of Merger)에 따른 것임이 설명되어 있습니다. Form 4는 2025-08-27에 위임장에 의해 서명되었습니다.

Mark J. Meiklejohn, Chief Credit Officer et administrateur de Brookline Bancorp, Inc. (BRKL), a déclaré plusieurs cessions d'actions ordinaires de la société le 25/08/2025. Le formulaire 4 indique quatre cessions distinctes totalisant 10 939 actions vendues à $11,03 par action. Après ces opérations, la personne déclarante détenait à titre bénéficiaire 101 003 actions. Le dossier précise qu'il s'agissait d'actions restreintes liées à la performance ayant acquis le droit de levée conformément au plan d'options et d'incitations sur actions 2021 de la société et à l'Agreement and Plan of Merger entre Berkshire Hills Bancorp, Commerce Acquisition Sub et Brookline Bancorp. Le formulaire 4 a été signé par procuration le 27/08/2025.

Mark J. Meiklejohn, Chief Credit Officer und Director von Brookline Bancorp, Inc. (BRKL), meldete mehrere Veräußerungen von Stammaktien des Unternehmens am 25.08.2025. Das Formular 4 weist vier einzelne Veräußerungen mit insgesamt 10.939 Aktien aus, die zu $11,03 je Aktie verkauft wurden. Nach diesen Transaktionen hielt die meldepflichtige Person wirtschaftlich 101.003 Aktien. Die Einreichung erklärt, dass es sich um leistungsabhängige Restricted Shares handelte, die gemäß dem Aktienoptions- und Incentiveplan 2021 der Gesellschaft sowie dem Agreement and Plan of Merger zwischen Berkshire Hills Bancorp, Commerce Acquisition Sub und Brookline Bancorp vesteten. Das Formular 4 wurde am 27.08.2025 per Vollmacht unterschrieben.

Positive
  • Full disclosure provided: The Form 4 specifies the vesting source (performance-based restricted stock) and links to the merger agreement and the 2021 incentive plan.
  • Insider retains significant holdings: After dispositions the reporting person still beneficially owns 101,003 shares.
Negative
  • None.

Insights

TL;DR: Insider disposed of 10,939 vested performance shares at $11.03, leaving 101,003 shares; tied to merger vesting.

The transaction reflects post-vesting dispositions rather than open-market opportunistic sales tied to compensation vesting from the merger agreement. The quantity (10,939 shares) relative to the final beneficial ownership (101,003 shares) indicates the insider remains a significant holder. Because the filing explicitly attributes the shares to performance-based restricted awards that vested under the merger agreement, this reduces interpretation risk that the sales signal firm-specific negative information. Materiality to shareholders depends on company float and market context, which are not provided in this Form 4.

TL;DR: Dispositions were vesting-driven under merger terms; governance disclosure appears standard and complete.

The Form 4 discloses the nature of the shares (performance-based restricted stock) and links vesting to the merger agreement and the company’s 2021 incentive plan, satisfying typical disclosure expectations for Rule 16 reporting. The report is signed by a permitted power of attorney. No indications of unusual trading timing or omissions are visible from the filing text alone. Further assessment of governance impact would require broader context on the merger terms and overall insider ownership trends.

Mark J. Meiklejohn, Chief Credit Officer e membro del consiglio di amministrazione di Brookline Bancorp, Inc. (BRKL), ha effettuato più cessioni di azioni ordinarie della società il 25/08/2025. Il Form 4 riporta quattro operazioni distinte per un totale di 10.939 azioni vendute al prezzo di $11,03 per azione. Dopo queste transazioni il soggetto segnalante deteneva beneficiariamente 101.003 azioni. Il documento specifica che si trattava di azioni vincolate maturate in base al Piano di Opzioni Azionarie e Incentivi 2021 della società e ai termini dell'Agreement and Plan of Merger tra Berkshire Hills Bancorp, Commerce Acquisition Sub e Brookline Bancorp. Il Form 4 è stato firmato mediante procura il 27/08/2025.

Mark J. Meiklejohn, Chief Credit Officer y director de Brookline Bancorp, Inc. (BRKL), comunicó varias disposiciones de acciones comunes de la compañía el 25/08/2025. El Formulario 4 muestra cuatro disposiciones separadas que suman 10.939 acciones vendidas a $11,03 por acción. Tras estas operaciones, la persona informante poseía beneficiariamente 101.003 acciones. La presentación aclara que se trató de acciones restringidas basadas en desempeño que vencieron conforme al Plan de Opciones sobre Acciones e Incentivos 2021 de la compañía y conforme al Agreement and Plan of Merger entre Berkshire Hills Bancorp, Commerce Acquisition Sub y Brookline Bancorp. El Form 4 fue suscrito por poder el 27/08/2025.

Mark J. Meiklejohn은(는) Brookline Bancorp, Inc.(BRKL)의 최고 신용 책임자 겸 이사로서 2025-08-25에 회사 보통주를 여러 차례 처분했습니다. Form 4에는 총 10,939주가 주당 $11.03에 네 건으로 나누어 매도된 것으로 기재되어 있습니다. 이러한 거래 후 보고자는 101,003주의 실질적 소유권을 보유하고 있었습니다. 서류에는 해당 주식들이 회사의 2021 주식 옵션 및 인센티브 계획에 따라 성과 기반으로 부여된 제한주가 성숙되어 발생한 것임과 Berkshire Hills Bancorp, Commerce Acquisition Sub 및 Brookline Bancorp 간의 합병 계약서(Agreement and Plan of Merger)에 따른 것임이 설명되어 있습니다. Form 4는 2025-08-27에 위임장에 의해 서명되었습니다.

Mark J. Meiklejohn, Chief Credit Officer et administrateur de Brookline Bancorp, Inc. (BRKL), a déclaré plusieurs cessions d'actions ordinaires de la société le 25/08/2025. Le formulaire 4 indique quatre cessions distinctes totalisant 10 939 actions vendues à $11,03 par action. Après ces opérations, la personne déclarante détenait à titre bénéficiaire 101 003 actions. Le dossier précise qu'il s'agissait d'actions restreintes liées à la performance ayant acquis le droit de levée conformément au plan d'options et d'incitations sur actions 2021 de la société et à l'Agreement and Plan of Merger entre Berkshire Hills Bancorp, Commerce Acquisition Sub et Brookline Bancorp. Le formulaire 4 a été signé par procuration le 27/08/2025.

Mark J. Meiklejohn, Chief Credit Officer und Director von Brookline Bancorp, Inc. (BRKL), meldete mehrere Veräußerungen von Stammaktien des Unternehmens am 25.08.2025. Das Formular 4 weist vier einzelne Veräußerungen mit insgesamt 10.939 Aktien aus, die zu $11,03 je Aktie verkauft wurden. Nach diesen Transaktionen hielt die meldepflichtige Person wirtschaftlich 101.003 Aktien. Die Einreichung erklärt, dass es sich um leistungsabhängige Restricted Shares handelte, die gemäß dem Aktienoptions- und Incentiveplan 2021 der Gesellschaft sowie dem Agreement and Plan of Merger zwischen Berkshire Hills Bancorp, Commerce Acquisition Sub und Brookline Bancorp vesteten. Das Formular 4 wurde am 27.08.2025 per Vollmacht unterschrieben.

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*
Meiklejohn Mark J.

(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 Credit Officer
3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025
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 08/25/2025 F 3,175(1) D $11.03 108,767 D
Common 08/25/2025 F 1,582 D $11.03 107,185 D
Common 08/25/2025 F 3,510 D $11.03 103,675 D
Common 08/25/2025 F 2,672 D $11.03 101,003 D
Common 101,003 D
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 vested pursuant to the terms of the Agreement and Plan of Merger by and among Berkshire Hills Bancorp, Inc., Commerce Acquisition Sub, Inc., and Brookline Bancorp, Inc.
Remarks:
Mark J. Meiklejohn, by Marissa S. Martin, P.O.A. 08/27/2025
** 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

What did Mark J. Meiklejohn report on the Form 4 for BRKL?

He reported four dispositions on 08/25/2025 totaling 10,939 shares sold at $11.03 per share, leaving 101,003 shares beneficially owned.

Why were the shares disposed according to the filing?

The filing explains the shares were performance-based restricted stock that vested pursuant to the Brookline Bancorp 2021 Stock Option and Incentive Plan and the Agreement and Plan of Merger.

When was the Form 4 signed and by whom?

The Form 4 was signed by a power of attorney, Marissa S. Martin, on behalf of Mark J. Meiklejohn on 08/27/2025.

What roles does the reporting person hold at BRKL?

The reporting person is listed as a Director and the company’s Chief Credit Officer.

How many separate disposition transactions are reported?

There are four separate disposition line items reported on 08/25/2025.
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United States
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