[8-K] HarborOne Bancorp, Inc. Reports Material Event

Rhea-AI Filing Summary

MillerKnoll, Inc. (MLKN) – Form 4 filing for Chief Strategy & Technology Officer Megan C. Lyon, dated 07/24/2025.

On 07/22/2025 Lyon converted 35,376 restricted stock units (RSUs) into common shares (Transaction Code “M”) at a stated price of $0.00, increasing her direct common-stock holdings to 74,371.33 shares immediately after the conversions. To satisfy withholding obligations, she disposed of 10,499.198 shares at $19.50 per share (Transaction Code “F”), leaving 63,872.13 shares held directly.

Following the transactions, Lyon retains 53,931 unvested RSUs (down from 59,176). Of these, 30,131 RSUs represent her fiscal 2024 annual incentive bonus (cliff-vest 07/22/2025) and 5,245 RSUs follow a 33%/33%/34% annual vest schedule through 2027.

Net result: Lyon’s equity exposure increased by ~24.9 k shares; all sales were automatic tax-withholding sales rather than open-market disposals. No other insider or company-level financial data is included.

Positive

• Net acquisition of approximately 24,877 common shares by a C-suite executive increases insider ownership and aligns incentives.

Negative

• Disposition of 10,499 shares at $19.50 (tax-withholding) represents dilution of the initial RSU conversion, though routine.

Insights

Equity Compensation Analyst

TL;DR: Executive net adds 24.9 k MLKN shares; disposals were tax-withholding—impact neutral.

The Form 4 shows standard RSU settlement activity. Lyon converted 35,376 RSUs, then sold 10,499 shares to cover taxes at $19.50, a routine price-and-sell mechanism set by the company. Her direct ownership rose 64% to 63,872 shares, signalling continued alignment with shareholders. RSU balance declines appropriately to 53,931, maintaining long-term incentives. Because no discretionary market sale occurred, the filing does not suggest bearish insider sentiment. Material impact on MLKN’s float is de minimis.

Portfolio Risk Manager

TL;DR: Routine compensation settlement; no valuation signal, not market-moving.

Transaction codes “M” and “F” indicate option/RSU conversion and tax-withholding sell-to-cover, respectively. The $205 k gross market value sold (10,499 × $19.50) is immaterial versus MLKN’s average daily volume, so liquidity or sentiment impact is negligible. Net share accumulation by a C-suite member can be viewed as slightly reassuring, yet lacks predictive power absent open-market buys. I classify the disclosure as non-impactful from a risk-assessment standpoint.

0001769617false00017696172025-07-242025-07-24

​

​

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

​

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

​

Date of Report (Date of Earliest Event Reported): July 24, 2025

HarborOne Bancorp, Inc.

(Exact Name of Registrant as Specified in its Charter)

​	​	​
Massachusetts	001-38955	81-1607465
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification Number

​

770 Oak Street, Brockton, Massachusetts 02301

(Address of principal executive offices)

​

(508) 895-1000

(Registrant’s telephone number, including area code)

​

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

​

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

​

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

​

Emerging growth company ☐

​

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Title of each Class	Trading Symbol	Name of each exchange on which registered
Common Stock, $0.01 par value	HONE	The NASDAQ Stock Market, LLC

​

​

​

​

​

Item 2.02 Results of Operations and Financial Condition

​

On July 24, 2025, HarborOne Bancorp, Inc. (the “Company”), the holding company for HarborOne Bank, issued a press release announcing its financial results for the quarter ended June 30, 2025. The Company’s press release is included as Exhibit 99.1 to this report.

​

The information set forth in this Item 2.02 and in the attached Exhibit 99.1 is deemed to be “furnished” and shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section.  

​

Item 7.01 Regulation FD Disclosure

​

The Company has prepared an investor presentation about the Company’s operations and performance that management intends to use from time to time on and after July 24, 2025.  The investor presentation is attached as Exhibit 99.2 to this report.

​

The information set forth in this Item 7.01 and in the attached Exhibit 99.2 shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities under that Section.  

​

​

Item 9.01Financial Statements and Exhibits

(d)Exhibits

​

​	​	​
Number	​	Description
​	​	​
99.1	​	Press release dated July 24, 2025
99.2	​	Investor Presentation
104	​	Cover Page Interactive Data File (formatted as inline XBRL)

​

​

EXHIBIT INDEX

​

​	​	​
Number	​	Description
​	​	​
99.1	​	Press release dated July 24, 2025
99.2	​	Investor Presentation
104	​	Cover Page Interactive Data File (formatted as inline XBRL)

​

​

​

​

​

​

​

SIGNATURE

​

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

​

​

3			​
​	HARBORONE BANCORP, INC.
​	​
	By:	/s/ Joseph F. Casey	​
​	Name:	Joseph F. Casey
​	Title:	President and
​	​	Chief Executive Officer
​	​	​
Date: July 24, 2025	​	​

​

​

​

​

​

​

​

​

​

​

​

​

FAQ

How many MLKN shares did Megan Lyon acquire on 07/22/2025?

35,376 shares were received through RSU conversion (Transaction Code “M”).

How many MLKN shares were sold to cover taxes?

A total of 10,499.198 shares were automatically sold at $19.50 each (Transaction Code “F”).

What is Megan Lyon’s current direct ownership in MLKN?

Post-transaction, she directly owns 63,872.13 common shares.

How many restricted stock units does the executive still hold?

She retains 53,931 unvested RSUs after the settlements.

Do these transactions indicate insider bullishness or bearishness?

The filing appears neutral; acquisitions were RSU settlements and sales were mandatory for tax withholding.