{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-294478","form_type":"8-K","ticker":null,"cik":"0001846017","company_name":"Blue Foundry Bancorp","filed_at":"2025-11-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:40.783504+00:00","generated_at":"2026-05-16T17:02:26.601407+00:00","sec_items":["1.01","5.02","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Fulton Financial to acquire Blue Foundry Bancorp for ~$243M in all-stock merger","bullets":["Each BLFY share exchanged for 0.6500 FULT share; transaction valued at ~$243M or $11.67/share.","Expected to close Q2 2026, subject to regulatory and stockholder approvals; boards unanimously approved.","Deal expected to be >5% accretive to first full-year EPS, immediately accretive to tangible book value.","CEO James Nesci and CFO Kelly Pecoraro entered settlement agreements: $4.311M and $2.601M respectively, with two-year non-compete.","Fulton will contribute $1.5M to Fulton Forward Foundation for NJ community grants."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-294478","json":"https://secwatch.observer/filing/0001193125-25-294478.json","markdown":"https://secwatch.observer/filing/0001193125-25-294478.md","text":"https://secwatch.observer/filing/0001193125-25-294478.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1846017/000119312525294478/0001193125-25-294478-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1846017/000119312525294478/d922774d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T17:02:26.601407+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"eeb51b152618c109baa713b09e21b4dca05708fd","claim":"Blue Foundry Bancorp entered into Merger Agreement with Fulton Financial Corporation (effective 2025-11-24).","evidence_excerpt":"On November 24, 2025, Blue Foundry Bancorp, a Delaware corporation (“Blue Foundry”), and Fulton Financial Corporation, a Pennsylvania corporation (“Fulton”), entered into an Agreement and Plan of Merger (the “Merger Agreement”)","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1846017/000119312525294478/0001193125-25-294478-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Fulton Financial Corporation"},{"label":"Effective","value":"2025-11-24"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}