Blue Foundry Bancorp: Insider Ownership Change Reported

TL;DR

Nesci changed his Blue Foundry Bancorp stake on 3/30/26. Details TBD.

AI Summary

On March 30, 2026, James D. Nesci reported a change in beneficial ownership of securities for Blue Foundry Bancorp. The specific details of the transaction, including the number of shares and dollar amounts, are not provided in this filing.

Why It Matters

This filing indicates a change in the holdings of an insider, which can sometimes signal the insider's confidence in the company's future prospects.

Risk Assessment

Risk Level: low — Form 4 filings typically report routine transactions by insiders and do not inherently indicate significant risk.

Key Players & Entities

• James D. Nesci (person) — Reporting Person
• Blue Foundry Bancorp (company) — Issuer
• 0001846017 (company) — Blue Foundry Bancorp CIK
• 0001628280-26-022627 (filing) — SEC Accession Number

FAQ

Key Financial Figures

• $13.6435 — and the per share consideration price ($13.6435), multiplied by the number of shares su

Filing Documents

• wk-form4_1775053476.html (4)
• wk-form4_1775053476.xml (4) — 10KB
• 0001628280-26-022627.txt ( ) — 12KB

From the Filing

SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 X Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).    Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * Nesci James D (Last) (First) (Middle) 19 PARK AVENUE (Street) RUTHERFORD NEW JERSEY 07070 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol Blue Foundry Bancorp [ BLFY ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X Director 10% Owner X Officer (give title below) Other (specify below) President and CEO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/30/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 04/01/2026 D 113,178 D (1) 0 D Common Stock 04/01/2026 D 36,882 D (1) 0 I By IRA Common Stock 04/01/2026 D 11,772 D (1) 0 I By ESOP Common Stock 04/01/2026 D 8,500 D (1) 0 I By 401(k) Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Stock Options $ 11.69 03/30/2026 D 570,450 (2) 10/19/2032 Common Stock 570,450 (3) 0 D Explanation of Responses: 1. Pursuant to the Agreement and Plan of Merger, dated as of November 24, 2025 (the "Merger Agreement"), by and between the Issuer and Fulton Financial Corporation, each issued and outstanding share of Issuer common stock was converted into the right to receive 0.650 shares of Fulton Financial Corporation common stock (subject to the payment of cash in lieu of fractional shares). 2. Stock options vest ratably for seven years commencing on October 19, 2023. 3. In accordance with the Merger Agreement, each option to acquire common stock of the Issuer that is outstanding immediately prior to the effective time of the merger (whether vested or unvested), was cancelled and converted into the right to receive a cash payment, less applicable taxes and other withholdings, equal to the difference between the exercise price of the option and the per share consideration price ($13.6435), multiplied by the number of shares subject to such option. Remarks: /s/ Mary M. Russell, pursuant to Power of Attorney 04/01/2026 ** Signature of Reporting Person Date Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. * Form 4: SEC 1474 (03-26)

View Full Filing

View this 4 filing on SEC EDGAR