Kearny Financial (KRNY) EVP Joyce Patrick trims stock stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kearny Financial Corp. executive Joyce Patrick reported stock sales. On January 28, 2026, the EVP and CLO sold 3,900 and 100 Kearny Financial common shares at $7.65 and $7.6575 per share, respectively, leaving 54,365 shares held directly.
Patrick also reports 150,000 stock options with a $15.35 exercise price expiring on December 1, 2026, plus indirect holdings through an ESOP, 401(k) plan, and BEP. Footnotes note restricted stock units vesting 33% per year beginning August 7, 2024, 2025, and 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($30,601)
Net Sell
6 txns
Insider
Joyce Patrick M
Role
EVP and CLO
Sold
4,000 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,900 | $7.65 | $30K |
| Sale | Common Stock | 100 | $7.6575 | $765.75 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 54,465 shares (Direct);
Stock Options — 150,000 shares (Direct);
Common Stock — 63,341 shares (Indirect, By ESOP)
Footnotes (1)
- Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2026. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2025. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2024. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
FAQ
What insider transaction did KRNY executive Joyce Patrick report?
Joyce Patrick reported selling 3,900 and 100 Kearny Financial common shares on January 28, 2026. The shares were sold at $7.65 and $7.6575 per share, as part of routine insider trading disclosure requirements.
What stock options does KRNY executive Joyce Patrick report owning?
Joyce Patrick reports holding 150,000 stock options on Kearny Financial common stock. These options carry a $15.35 exercise price and have an expiration date of December 1, 2026, reflecting a significant long-term equity-based compensation position.
How do KRNY restricted stock units held by Joyce Patrick vest?
Footnotes state that Joyce Patrick holds restricted stock units that vest in three equal annual installments. They vest at a 33% per year rate beginning on August 7, 2024, August 7, 2025, and August 7, 2026, subject to the plan terms.
What is the significance of the January 28, 2026 date for KRNY’s Form 4?
January 28, 2026 is both the transaction date and earliest reportable date for Joyce Patrick’s Form 4. On this day, she sold 4,000 Kearny Financial common shares in two trades, triggering the obligation to report under Section 16 rules.