Kearny Financial (KRNY) Form 4: 11,082 RSUs Granted, 2,883 Shares Disposed

Rhea-AI Filing Summary

Kearny Financial Corp. officer Erika Parisi reported equity activity on 08/07/2025. She was credited with 11,082 restricted stock units that vest at 33% per year beginning 08/07/2026 and also disposed of 2,883 shares at a price of $5.86 per share. The form shows direct beneficial ownership amounts of 167,882 and 164,999 shares following the respective transactions.

Parisi additionally holds 100,000 stock options with a $15.35 exercise price exercisable through 12/01/2026, and indirect holdings through an ESOP (67,352), a 401(k) (15,680) and a BEP (325). The report was signed by Gail Corrigan pursuant to power of attorney.

Positive

• 11,082 restricted stock units granted with explicit vesting schedule (33% per year beginning 08/07/2026) which increases alignment with shareholders
• 100,000 stock options outstanding (exercise price $15.35, exercisable through 12/01/2026) indicating significant ongoing equity exposure

Negative

• Disposition of 2,883 shares at $5.86 each reported the same day as the RSU activity, reducing direct holdings in that reported line

Insights

Financial Analyst

TL;DR: Officer received RSUs and executed a small disposition; substantial option position remains, making this a routine compensation-related filing.

The filing documents a grant of 11,082 restricted stock units with a standard 33% annual vesting schedule and a contemporaneous disposal of 2,883 shares at $5.86. The reporting person retains a sizeable equity stake, including 100,000 options exercisable through 12/01/2026. From a shareholder-impact perspective these items appear driven by compensation vesting and option grants rather than market-signaling trades; the net change in direct holdings reported on the form is limited.

Corporate Governance Expert

TL;DR: Transactions are consistent with executive compensation vesting and option positions; disclosure appears complete but should be tracked for future vesting events.

The form specifies restricted stock units with staged annual vesting and a long-dated option position, both common components of executive pay. Indirect plan holdings (ESOP, 401(k), BEP) are disclosed separately. The signature line shows the form was executed pursuant to a power of attorney, which is acceptable when documented. This filing is routine from a governance and disclosure perspective.

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^*

Parisi Erika K

(Last) (First) (Middle)

C/O KEARNY FINANCIAL CORP.

120 PASSAIC AVENUE

(Street)

FAIRFIELD NJ 07004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kearny Financial Corp. [ KRNY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and CAO

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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 Stock	08/07/2025		A		11,082(1)	A	$0	167,882(2)(3)(4)	D
Common Stock	08/07/2025		F		2,883	D	$5.86	164,999(2)(3)(4)	D
Common Stock								67,352(5)	I	By ESOP
Common Stock								15,680(5)	I	By 401(k)
Common Stock								325(5)	I	By BEP

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
Stock Options	$15.35							12/01/2017	12/01/2026	Common Stock	100,000		100,000	D

Explanation of Responses:

1. Restricted stock units which vest at a rate of 33% per year commencing on August 7, 2026.

2. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2025.

3. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2024.

4. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.

5. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

Remarks:

	/s/ Gail Corrigan, pursuant to power of attorney	08/08/2025
	** 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 transactions did Erika Parisi report on the KRNY Form 4?

The Form 4 shows Parisi was credited with 11,082 restricted stock units (vesting 33% annually from 08/07/2026) and disposed of 2,883 shares at $5.86 on 08/07/2025.

How many shares does Erika Parisi beneficially own according to the filing?

The filing lists direct beneficial ownership amounts of 167,882 and 164,999 shares following the respective reported transactions.

What derivative securities does Parisi hold?

Parisi holds 100,000 stock options with an exercise price of $15.35, exercisable through 12/01/2026.

Does Parisi have any indirect holdings disclosed on the Form 4?

Yes. The form reports indirect holdings of 67,352 shares via an ESOP, 15,680 via a 401(k), and 325 via a BEP.

Who signed the Form 4 on behalf of the reporting person?

The Form 4 was signed by Gail Corrigan pursuant to power of attorney.