Thomas DeMedici Form 4 Kearny Financial / Thomas DeMedici ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

DeMedici Thomas

(Last) (First) (Middle)

C/O KEARNY FINANCIAL CORP.

120 PASSAIC AVENUE

(Street)

FAIRFIELD NJ 07004

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Kearny Financial Corp. [ KRNY ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
EVP and CCO

3. Date of Earliest Transaction (Month/Day/Year)
01/07/2024

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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	01/07/2024		A		5,000(1)	A	$0	72,197(2)(3)(4)(5)	D
Common Stock	01/07/2024		F		2,771	D	$8.68	69,426(2)(3)(4)(5)	D
Common Stock								34,489(6)	I	By 401(k)
Common Stock								21,561(6)	I	By ESOP
Common Stock								658(6)	I	By BEP

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	$13.38							01/07/2020	01/07/2029	Common Stock	50,000(7)		50,000	D
Stock Options	$15.35							12/01/2017	12/01/2026	Common Stock	100,000		100,000	D
Stock Options	$10.7143							04/01/2015	04/01/2024	Common Stock	34,510		34,510	D

Explanation of Responses:

1. On January 7, 2019 the reporting person was granted 25,000 shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020, subject to certain performance criteria. The performance criteria for the fiscal year ended June 30, 2023 were met, resulting in the vesting of 5,000 shares of restricted stock.

2. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2024.

3. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2023.

4. Includes restricted stock units which vest at a rate of 33% per year commencing on August 7, 2022.

5. Includes shares of restricted stock which vest at a rate of 20% per year commencing on January 7, 2020.

6. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.

7. Stock options vest at a rate of 20% per year commencing on January 7, 2020.

Remarks:

	/s/ Gail Corrigan, pursuant to power of attorney	01/08/2024
	** 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.