Patrick M. Joyce, Executive Vice President and Chief Lending Officer of Kearny Financial Corp. (NASDAQ:KRNY), filed a Form 4 on August 11, 2026, reporting two common stock transactions dated August 7, 2026, involving an award of restricted stock units and a tax-withholding disposition.

Key Highlights

  • RSU Award: Joyce acquired 8,062 shares of common stock at $0, representing restricted stock units that vest at a rate of 33% per year commencing August 7, 2027.
  • Tax Withholding Disposition: 4,517 shares were disposed of (transaction code F) at $9.52 per share on August 7, 2026.
  • Direct Ownership After Transactions: Joyce directly holds 55,410 shares following the reported transactions, per the filing.
  • Indirect Holdings: The filing reports 65,015 shares held indirectly through an ESOP, 39,229 through a 401(k), and 2,584 through a BEP.
  • Outstanding Options: Joyce holds stock options on 150,000 shares of common stock with an exercise price of $15.35, expiring December 1, 2026.
  • Signing Authority: The form was signed by Gail Corrigan pursuant to a power of attorney.

RSU Grant and Share Withholding for Kearny Financial's EVP and CLO

According to the filing, Patrick M. Joyce, who serves as Executive Vice President and Chief Lending Officer at Kearny Financial Corp., reported two transactions in the company's common stock on August 7, 2026. The first was an acquisition (transaction code A) of 8,062 shares at a price of $0, described in the filing as restricted stock units that vest at a rate of 33% per year commencing on August 7, 2027. Following this acquisition, Joyce's direct beneficial ownership stood at 59,927 shares.

The second transaction was a disposition (transaction code F) of 4,517 shares at $9.52 per share, a transaction type commonly associated with share withholding for tax obligations upon vesting. After this disposition, Joyce's direct holdings were reported as 55,410 shares. The filing notes that the direct share totals include restricted stock units vesting under separate schedules commencing August 7, 2026, August 7, 2025, and August 7, 2024, respectively.

In addition to direct holdings, the filing discloses indirect beneficial ownership of 65,015 shares through an Employee Stock Ownership Plan (ESOP), 39,229 shares through a 401(k) plan, and 2,584 shares through a Benefit Equalization Plan (BEP). The filing states that these indirect holdings "reflect transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended." Table II of the filing also records 150,000 stock options with an exercise price of $15.35, exercisable since December 1, 2017, and expiring December 1, 2026.

What Was Disclosed

The filing discloses a restricted stock unit award of 8,062 shares and a 4,517-share tax-related disposition by Kearny Financial's EVP and CLO on August 7, 2026, along with current direct and indirect beneficial ownership totals and outstanding stock options.