Form 4: Kearny Financial EVP Sells Common Stock

Kearny Financial Corp. EVP and CTIO Timothy A. Swansson reported the sale of 4,000 shares of common stock on March 10, 2026.

Summary

• Timothy A. Swansson, Executive Vice President and Chief Technology and Information Officer (CTIO) of Kearny Financial Corp. (KRNY), reported the sale of 4,000 shares of common stock.
• The sales occurred on March 10, 2026, across five separate transactions at prices ranging from $7.59 to $7.61 per share.
• Specifically, 900 shares were sold at $7.59, 600 shares at $7.595, 2,000 shares at $7.60, 400 shares at $7.605, and 100 shares at $7.61.
• Following these transactions, Mr. Swansson directly beneficially owns 55,833 shares of common stock.
• Indirect beneficial ownership includes 29,474 shares through an ESOP and 10,835 shares through a 401(k) plan.
• Mr. Swansson also holds 75,000 stock options with an exercise price of $15.35, exercisable from December 1, 2017, and expiring on December 1, 2026.
• Beneficial ownership also includes restricted stock units vesting at 33% per year commencing August 7, 2024, August 7, 2025, and August 7, 2026, as well as restricted stock vesting at 20% per year commencing June 1, 2022.

Sentiment

Score: 4

Explanation: StockSavvy.ai views this as a slightly negative signal, as insider sales can sometimes indicate a lack of confidence in the company's near-term prospects, though personal financial planning is also a common driver. The sale represents a small portion of the executive's total beneficial ownership.

Negatives

• An executive's sale of common stock can sometimes be interpreted as a signal of reduced confidence in the company's near-term prospects, or a belief that the stock price may not appreciate significantly in the immediate future.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, while often driven by personal financial planning, are closely watched by investors as they can sometimes provide insights into management's perception of the company's valuation or future prospects. This transaction involves a relatively small portion of the executive's total holdings.

Stakeholder Impact

• Shareholders may interpret the executive's sale of shares as a potential negative signal regarding the company's future performance or valuation, which could influence their investment decisions.

Key Dates

Recommendation

While an executive sale of shares can be perceived negatively, it's a single transaction and may be driven by personal financial planning rather than a fundamental change in company outlook. Investors should monitor future insider activity and company performance for clearer signals before making significant changes to their position.

Keywords

Kearny Financial Corp, KRNY, Insider Trading, Stock Sale, Form 4, Timothy A. Swansson, Executive Compensation, Common Stock