---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-24-000181"
form_type: "8-K"
ticker: null
cik: "0001846017"
company_name: "Blue Foundry Bancorp"
filed_at: "2024-05-16T23:59:59+00:00"
generated_at: "2026-06-01T21:41:35.567484+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Blue Foundry Bancorp shareholders reject non-binding sale/merger proposal at annual meeting

## Summary
- Directors Kenneth Grimbilas and Jonathan Shaw elected with ~14.9M votes each; withhold votes ~1.6M.
- Ratification of KPMG as auditor for 2024 passed with 19.4M votes for, 244k against.
- Shareholder non-binding proposal for sale or merger rejected: 14.2M against vs 2.1M for.
- Meeting had 85% quorum (20.4M shares present out of 23.9M outstanding).

## SEC filing metadata
- accession: 0000943374-24-000181
- form_type: 8-K
- cik: 0001846017
- company_name: Blue Foundry Bancorp
- filed_at: 2024-05-16T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846017/000094337424000181/0000943374-24-000181-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846017/000094337424000181/form8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-24-000181
- JSON: https://secwatch.observer/filing/0000943374-24-000181.json
- Plain text: https://secwatch.observer/filing/0000943374-24-000181.txt

## Source-grounded claims
- claim_id: 04f35fb25e5d0cec462ffa287274b7db3c04f380
  claim: Blue Foundry Bancorp shareholders approved Election of Directors at the 2024-05-16 meeting.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846017/000094337424000181/0000943374-24-000181-index.htm
- claim_id: 507955de94739a268d71f1e3e31ec27c7b6ed2bc
  claim: Blue Foundry Bancorp shareholders rejected Shareholder non-binding proposal recommending sale or merger of the Company at the 2024-05-16 meeting.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846017/000094337424000181/0000943374-24-000181-index.htm
- claim_id: df3394ef21c840a7e346ec144c52e3a0f613f156
  claim: Blue Foundry Bancorp shareholders approved Ratification of KPMG LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-16 meeting.
  evidence_excerpt: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846017/000094337424000181/0000943374-24-000181-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.