Blue Foundry Bancorp Files 8-K on Shareholder Vote Matters

Ticker: BLFY · Form: 8-K · Filed: May 16, 2024 · CIK: 1846017

Sentiment: neutral

Topics: shareholder-vote, corporate-governance

Related Tickers: BFBC

TL;DR

BFBC filed an 8-K for a shareholder vote - details TBD.

AI Summary

Blue Foundry Bancorp filed an 8-K on May 16, 2024, to report on matters submitted to a vote of its security holders. The filing does not contain specific details about the vote outcomes or the proposals presented, but it serves as an official notification of such an event.

Why It Matters

This filing indicates that Blue Foundry Bancorp held a shareholder vote, which could involve significant corporate decisions or changes that may impact the company's future direction and shareholder value.

Risk Assessment

Risk Level: low — The filing is a procedural notification of a shareholder vote and does not contain information that immediately suggests financial risk or operational changes.

Key Players & Entities

FAQ

What specific matters were submitted for a vote of Blue Foundry Bancorp's security holders?

The provided filing does not specify the exact matters submitted for a vote, only that such matters were presented.

When was the earliest event reported in this 8-K filing?

The earliest event reported in this 8-K filing was on May 16, 2024.

What is the principal executive office address for Blue Foundry Bancorp?

The principal executive office address for Blue Foundry Bancorp is 19 Park Avenue, Rutherford, New Jersey 07070.

Under which section of the Securities Exchange Act of 1934 is this Form 8-K filed?

This Form 8-K is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

What is the SIC code for Blue Foundry Bancorp?

The Standard Industrial Classification (SIC) code for Blue Foundry Bancorp is 6036, which corresponds to Savings Institutions, Not Federally Chartered.

Filing Stats: 579 words · 2 min read · ~2 pages · Grade level 11.7 · Accepted 2024-05-16 17:01:34

Key Financial Figures

Filing Documents

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders The Annual Meeting of Shareholders of Blue Foundry Bancorp (the "Company") was held on May 16, 2024. There were outstanding, as of the close of business on April 5, 2024 (the record date for the annual meeting), 23,930,547 shares of Common Stock of the Company, each entitled to one vote per share, constituting the only class of shares entitled to vote at the meeting. There were present at the meeting, either in person or by valid proxy, the holders of 20,363,773 shares, or 85%, of the Company, constituting a quorum. The final results of the vote on each matter submitted to a vote of shareholders are as follows: 1. The following individuals were elected as directors of the Company for three-year terms or until their successors are duly elected and qualified, by the following vote: For Withhold Broker Non-Votes Kenneth Grimbilas 14,921,219 1,619,231 3,823,323 Jonathan Shaw 14,963,281 1,577,169 3,823,323 2. The appointment of KPMG LLP to serve as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024 was ratified by the following vote: For Against Abstentions 19,447,736 244,414 671,623 3. The shareholder non-binding proposal recommending sale or merger of the Company was not approved by the following vote: For Against Abstentions Broker Non-Votes 2,105,970 14,183,158 251,322 3,823,323

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. Blue Foundry Bancorp DATE: May 16, 2024 By: /s/ James D. Nesci James D. Nesci President and Chief Executive Officer

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