Beidner Elyse D. 4
4 · Blue Foundry Bancorp · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
Blue Foundry (BLFY) EVP & CLO Elyse Beidner Sells 1,215 Shares
What Happened
- Elyse D. Beidner, Executive Vice President and Chief Legal Officer of Blue Foundry Bancorp (BLFY), had 1,215 shares disposed/withheld to satisfy tax obligations related to equity compensation. The shares were valued at $13.01 each, for a total of $15,807. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-10 (filed within the typical two-business-day reporting window)
- Price per share: $13.01; Shares withheld/disposed: 1,215; Total value: $15,807
- Shares owned after the transaction: not specified in the provided filing excerpt
- Relevant footnotes:
- F1: These shares were withheld by the issuer to satisfy tax obligations (tax-withholding, not a market sale)
- F3: The related stock options vest ratably over seven years beginning Oct 19, 2023
- Transaction code explanation: F = tax withholding/disposition to cover taxes on equity
Context
- This transaction reflects a routine tax-withholding event tied to equity vesting or option exercise, not an outright open-market sale that would indicate active divestment. Such withholdings are common when options or restricted shares vest and do not necessarily signal insider sentiment about the company.
Insider Transaction Report
Form 4
Beidner Elyse D.
EVP and Chief Legal Officer
Transactions
- Tax Payment
Common Stock
[F1]2026-03-06$13.01/sh−1,215$15,807→ 21,795 total
Holdings
- 20,000(indirect: By 401(k))
Common Stock
- 11,772(indirect: By ESOP)
Common Stock
[F2] - 55,000
Stock Options
[F3]Exercise: $11.69From: 2023-10-19Exp: 2032-10-19→ Common Stock (55,000 underlying)
Footnotes (3)
- [F1]Represents shares withheld by the issuer to satisfy tax obligations.
- [F2]Reflects transactions not required to be reported pursuant to Section 16 of the Securities Act of 1934, as amended.
- [F3]Stock options vest ratably for seven years commencing on October 19, 2023.
Signature
/s/ Kelly Pecoraro, pursuant to Power of Attorney|2026-03-10