Form 4: HarborOne Bancorp SVP, Chief HR Officer Reports Stock Transactions

Susan Bugnacki Stewart, SVP, Chief HR Officer of HarborOne Bancorp, reports the acquisition and disposal of company stock related to tax withholding and a restricted stock award.

Summary

• Susan Bugnacki Stewart, the SVP, Chief HR Officer of HarborOne Bancorp, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
• On February 28, 2025, shares were withheld by the issuer to cover withholding taxes associated with the vesting of restricted shares; 294 shares were withheld at $11.5, and then 345 shares were withheld at $11.5.
• On March 3, 2025, Stewart acquired 3,222 shares of restricted stock at no cost.
• The restricted stock award vests in three equal annual installments beginning on March 3, 2026.
• Following these transactions, Stewart directly owns 7,813 shares of HarborOne Bancorp stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to compensation and tax obligations.

Positives

• The acquisition of 3,222 shares of restricted stock indicates confidence in the company's future performance.

Future Outlook

The restricted stock award vests in three equal annual installments beginning on March 3, 2026.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they primarily concern internal compensation adjustments.

Key Dates