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Kearny (KRNY) Form 4 shows RSU vesting and 150k options for COO

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Kearny Financial Corp. SEVP and COO Keith Suchodolski reported insider transactions dated 08/07/2025 on Form 4. The filing shows an acquisition of 19,641 shares (noted as restricted stock units) at a reported price of $0 and a separate transaction involving 3,123 shares at $5.86. Following the reported activity the filing lists beneficial ownership figures of 111,694 and 108,571 shares (direct). The report also discloses two outstanding stock option grants totaling 150,000 underlying shares (75,000 each) with exercise prices of $13.38 and $15.35, exercisable through 2026 and 2029. Explanatory notes state the restricted stock units vest at 33% per year with staggered commencement dates. The form is signed under power of attorney and dated 08/08/2025.

Positive

  • Substantial insider stake disclosed: beneficial ownership reported at 111,694 shares and 150,000 underlying options, showing continued executive exposure to equity
  • Clear RSU vesting schedule: restricted stock units vest at 33% per year with specified commencement dates, improving transparency on future share issuance and executive alignment
  • Detailed option disclosure: two option grants shown (75,000 each) with exercise prices of $13.38 and $15.35 and expiration dates provided

Negative

  • None.

Insights

TL;DR: Routine insider compensation and holding disclosure; shows meaningful option position and staged RSU vesting rather than a large open-market purchase or sale.

The Form 4 documents scheduled compensation-related equity and routine transactions rather than an unexpected open-market accumulation or divestiture. The reporting officer retains substantial exposure via 111,694 reported beneficial shares and 150,000 underlying options, while RSUs carry explicit 33% annual vesting schedules. These items affect potential future dilution and insider alignment but do not, by themselves, indicate a material change in corporate control or a liquidity event.

TL;DR: Disclosure is standard for executive compensation and meets Section 16 reporting norms; vesting schedules and option details are clearly documented.

The filing provides clear documentation of equity-based compensation mechanics: restricted stock units with staggered vesting and two long-dated option grants with stated exercise prices and expirations. Signature by an attorney-in-fact is included, indicating administrative processing. From a governance perspective, the filing is informational and routine, enhancing transparency about management incentives and potential future insider stock availability.

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*
Suchodolski Keith

(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)
SEVP and COO
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 19,641(1) A $0 111,694(2)(3)(4) D
Common Stock 08/07/2025 F 3,123 D $5.86 108,571(2)(3)(4) D
Common Stock 20,614(5) I By ESOP
Common Stock 15,525(5) I By 401(k)
Common Stock 1,837(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 $13.38 01/07/2020 01/07/2029 Common Stock 75,000 75,000 D
Stock Options $15.35 12/01/2017 12/01/2026 Common Stock 75,000 75,000 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 Keith Suchodolski report on the KRNY Form 4?

On 08/07/2025 the filing reports an acquisition of 19,641 shares (restricted stock units) at a reported price of $0 and a reported transaction involving 3,123 shares at $5.86.

How many stock options does the reporting person hold according to the Form 4?

The report discloses two option grants of 75,000 shares each (total 150,000 underlying shares) with exercise prices of $13.38 and $15.35 and expirations in 2026 and 2029.

What is the vesting schedule for the restricted stock units reported on the Form 4?

Explanatory notes state the restricted stock units vest at a rate of 33% per year with commencement dates noted as 08/07/2023, 08/07/2024, 08/07/2025, and 08/07/2026 for the referenced grants.

When was the Form 4 filed and who signed it?

The transaction date is 08/07/2025 and the Form 4 is signed under power of attorney by Gail Corrigan with a signature date of 08/08/2025.

What role does Keith Suchodolski hold at Kearny Financial (KRNY)?

The filing identifies the reporting person as SEVP and COO of Kearny Financial Corp.
Kearny Finl Corp Md

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507.06M
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Banks - Regional
Savings Institution, Federally Chartered
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United States
FAIRFIELD