Kearny Financial insider report: Byrnes' RSU grant increases reported holdings

Rhea-AI Filing Summary

Sean Byrnes, EVP and CFO of Kearny Financial Corp. (KRNY), reported equity activity involving restricted stock units and withholding. The filing shows an acquisition of 11,284 common stock units reported as an acquisition at $0 and a related disposition/withholding of 2,883 shares at $5.86. The filings list post-transaction beneficial ownership amounts of 36,671 and 33,788 shares in different reporting lines.

The report discloses that the shares include a series of restricted stock units that vest at a rate of 33% per year with commencement dates noted for August 7 of 2023, 2024, 2025 and 2026. It also shows indirect holdings attributable to an ESOP (4,323 shares) and a 401(k) plan (3,756 shares). Some amounts reflect transactions not required to be reported under Section 16.

Positive

• Grant of 11,284 restricted stock units reported (acquisition at $0), providing documented executive equity awards
• Vesting schedule disclosed: 33% per year with commencement dates for Aug 7, 2023–2026, clarifying timing of future ownership
• Indirect holdings disclosed explicitly: 4,323 shares via ESOP and 3,756 shares via 401(k)

Negative

• None.

Insights

Securities Analyst

TL;DR: Routine executive RSU grant and tax-withholding sale reported; modest net change in reported beneficial ownership.

The filing documents an RSU award of 11,284 units recorded as an acquisition at no cash price and a corresponding withholding/disposition of 2,883 shares at $5.86. The report shows beneficial ownership figures of 36,671 and 33,788 shares on separate lines, consistent with grant and net withholding activity. For investors, this is a standard compensation and tax-withholding disclosure rather than a market-facing sale or purchase intended to change ownership materially.

Corporate Governance Expert

TL;DR: Compensation-related RSU vesting schedule disclosed with routine withholding; governance disclosure appears complete.

The document details restricted stock units that vest at 33% per year with staggered commencement dates (Aug 7 in 2023–2026), indicating multi-year vesting. It separately reports indirect holdings through an ESOP (4,323) and a 401(k) plan (3,756). The filing also notes certain amounts reflect transactions not required to be reported under Section 16, and is signed via power of attorney, consistent with standard Form 4 practice.

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
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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^*

Byrnes Sean

(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 CFO

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		11,284(1)	A	$0	36,671(2)(3)(4)(5)	D
Common Stock	08/07/2025		F		2,883	D	$5.86	33,788(2)(3)(4)(5)	D
Common Stock								4,323(5)	I	By ESOP
Common Stock								3,756(5)	I	By 401(k)

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. 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 insider transactions did KRNY report for Sean Byrnes?

The Form 4 shows an acquisition of 11,284 restricted stock units (reported as an acquisition at $0) and a related withholding/disposition of 2,883 shares at $5.86; beneficial ownership figures of 36,671 and 33,788 are reported on separate lines.

How do the restricted stock units (RSUs) reported for KRNY vest?

The filing states the RSUs vest at a rate of 33% per year with commencement dates on August 7 of 2023, 2024, 2025 and 2026 as noted in the explanations.

What price was reported for the shares withheld or disposed of in the KRNY filing?

The report lists a withholding/disposition of 2,883 shares at $5.86.

What is Sean Byrnes' role at Kearny Financial (KRNY)?

The Form 4 identifies the reporting person as an Officer with the title EVP and CFO.

Are any holdings reported as indirect in the KRNY Form 4?

Yes. The filing shows indirect beneficial ownership of 4,323 shares by an ESOP and 3,756 shares by a 401(k) plan.