Form 4: HarborOne Bancorp SVP, Chief Information Officer Brent W. Grable Reports Changes in Beneficial Ownership

Brent W. Grable, SVP and Chief Information Officer of HarborOne Bancorp, reports changes in beneficial ownership of common stock due to tax withholding and a restricted stock award.

Summary

• On February 28, 2025, 332 shares of common stock were disposed of by Brent W. Grable to cover withholding taxes at a price of $11.5 per share, leaving him with 2,542 shares.
• On March 3, 2025, Mr. Grable acquired 3,114 shares of restricted stock at no cost, increasing his total holdings to 5,656 shares.
• The restricted stock award vests in three equal annual installments beginning on March 3, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to tax withholding and a standard restricted stock award.

Positives

• The acquisition of 3,114 shares of restricted stock indicates a continued alignment of Mr. Grable's interests with the long-term performance of HarborOne Bancorp.

Future Outlook

The restricted stock award vests in three equal annual installments beginning on March 3, 2026, suggesting a multi-year commitment from the executive.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the transactions of company insiders. This filing indicates changes in the holdings of a key executive at HarborOne Bancorp.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a key executive.

Key Dates