Form 4: Blue Foundry Bancorp Executive Elyse D. Beidner Reports Changes in Beneficial Ownership

Elyse D. Beidner, EVP and Chief Legal Officer of Blue Foundry Bancorp, reports a transaction involving common stock and shares withheld for tax obligations.

Summary

• On February 1, 2025, Elyse D. Beidner, EVP and Chief Legal Officer of Blue Foundry Bancorp, reported a change in beneficial ownership.
• The transaction involved the withholding of 446 common stock shares by the issuer to satisfy tax obligations at a price of $9.75.
• Following the transaction, Beidner directly owns 25,866 shares of common stock.
• Beidner also indirectly owns 20,000 shares through a 401(k) and 6,779 shares through an ESOP.
• Beidner also owns 55,000 stock options exercisable at $11.69, expiring on October 19, 2032.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the banking industry.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.

Key Dates

Keywords

Beneficial Ownership, Form 4, Blue Foundry Bancorp, BLFY, Elyse D. Beidner, Stock Options, Common Stock, Tax Obligations, ESOP, 401(k)