Kearny Financial (NASDAQ: KRNY) EVP sells 4,000 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kearny Financial Corp. executive vice president and chief technology and information officer Timothy A. Swansson reported open-market sales of 4,000 shares of common stock on March 10, 2026 at prices between $7.59 and $7.61 per share.
Following these sales, he directly holds 55,833 common shares, with additional indirect holdings of 29,474 shares through an ESOP and 10,835 shares through a 401(k) plan, plus stock options covering 75,000 underlying shares and various time-vesting restricted stock units and restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,000 shares ($30,391)
Net Sell
8 txns
Insider
Swansson Timothy A
Role
EVP and CTIO
Sold
4,000 shs ($30K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 900 | $7.59 | $7K |
| Sale | Common Stock | 600 | $7.595 | $5K |
| Sale | Common Stock | 2,000 | $7.60 | $15K |
| Sale | Common Stock | 400 | $7.605 | $3K |
| Sale | Common Stock | 100 | $7.61 | $761.00 |
| holding | Stock Options | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 58,933 shares (Direct);
Stock Options — 75,000 shares (Direct);
Common Stock — 29,474 shares (Indirect, By ESOP)
Footnotes (1)
- Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended. 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. Includes shares of restricted stock which vest at a rate of 20% per year commencing on June 1, 2022.
FAQ
What insider transaction did KRNY executive Timothy Swansson report?
Timothy A. Swansson reported selling 4,000 shares of Kearny Financial common stock in open-market transactions on March 10, 2026. The reported trades were executed in several small blocks at prices between $7.59 and $7.61 per share.
Does the KRNY Form 4 include restricted stock or RSUs for Timothy Swansson?
Yes. The reported holdings include restricted stock units and restricted shares that vest over time. Footnotes note RSUs vesting 33% per year from August 7, 2024, 2025, and 2026, and restricted stock vesting 20% per year from June 1, 2022, as part of his compensation.