Form 4: HarborOne Bancorp Director David P. Frenette Acquires Restricted Stock

Director David P. Frenette acquired 3,451 shares of HarborOne Bancorp restricted stock on March 3, 2025, at no cost.

Summary

• On March 3, 2025, David P. Frenette, a director of HarborOne Bancorp, Inc., acquired 3,451 shares of common stock.
• The acquisition was in the form of a restricted stock award, granted at a price of $0 per share.
• Following the transaction, Frenette directly owns 143,633 shares of HarborOne Bancorp.
• The restricted stock vests in full on March 3, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of a stock award to a director, which is generally viewed as a positive sign of alignment with shareholder interests, but not significantly impactful on its own.

Positives

• The acquisition of restricted stock by a director signals confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of restricted stock by a director can positively influence shareholder confidence.

Key Dates