---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-135897"
form_type: "8-K"
ticker: null
cik: "0001846017"
company_name: "Blue Foundry Bancorp"
filed_at: "2026-04-01T23:59:59+00:00"
generated_at: "2026-05-15T08:00:38.794265+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Blue Foundry Bancorp completes merger with Fulton Financial; each share converted into 0.650 Fulton shares

## Summary
- Each Blue Foundry share converted into 0.650 of a Fulton share; fractional shares paid in cash.
- Outstanding options with exercise price below $20.99 received cash equal to difference; others cancelled for no value.
- Approximately 12,435,599 Fulton shares issued to former Blue Foundry shareholders.
- Blue Foundry common stock delisted from Nasdaq effective April 1, 2026.
- All Blue Foundry directors ceased serving upon merger closing.

## SEC filing metadata
- accession: 0001193125-26-135897
- form_type: 8-K
- cik: 0001846017
- company_name: Blue Foundry Bancorp
- filed_at: 2026-04-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1846017/000119312526135897/0001193125-26-135897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1846017/000119312526135897/d62529d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-135897
- JSON: https://secwatch.observer/filing/0001193125-26-135897.json
- Plain text: https://secwatch.observer/filing/0001193125-26-135897.txt

## Source-grounded claims
- claim_id: cdc766cbb8807bf4487ab24e460ae2ea67dc8b38
  claim: Blue Foundry Bancorp: The Amended and Restated Certificate of Incorporation and Bylaws of Blue Foundry ceased to be in effect due to merger.
  evidence_excerpt: As a result of the Merger, at the Effective Time, Blue Foundry ceased to exist and the Amended and Restated Certificate of Incorporation and the Bylaws of Blue Foundry ceased to be in effect by operation of law.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846017/000119312526135897/0001193125-26-135897-index.htm
- claim_id: 26ce6f491469c78cb6d1d68ce81e28867d5b7016
  claim: Blue Foundry Bancorp underwent a change of control involving Fulton Financial Corporation for 0.650 of a share of common stock, $2.50 par value, of Fulton (closed 2026-04-01).
  evidence_excerpt: share of common stock, $0.01 par value, of Blue Foundry (“Blue Foundry Common Stock”) outstanding immediately prior to the Effective Time was converted into the right to receive 0.650 of a share of common stock, $2.50 par value, of Fulton (“Fulton Common Stock”) and cash in lieu of fractional shares of Fulton Common Stock (the “Merger Consideration”). In
  evidence_url: https://www.sec.gov/Archives/edgar/data/1846017/000119312526135897/0001193125-26-135897-index.htm

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