{"schema_version":"secwatch.filing_event.v1","accession":"0001617242-23-000089","form_type":"8-K","ticker":"KRNY","cik":"0001617242","company_name":"Kearny Financial Corp.","filed_at":"2023-12-20T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.796551+00:00","generated_at":"2026-06-07T09:51:20.901127+00:00","sec_items":["8.01","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Kearny Financial sells $122.2M securities, records $12.9M after-tax loss to reposition portfolio","bullets":["Sold $122.2M of available-for-sale debt securities (yield 3.22%, weighted avg life 8.2 yrs).","After-tax loss of $12.9M fully realized; nominal impact on tangible book value as loss already in AOCI.","Proceeds used to retire higher-cost wholesale funding and reinvest in loans at current market rates.","Transaction immediately accretive to net interest income; reduces balance sheet sensitivity to short-term rates.","Includes liquidation of $78.9M COVID-era securities yielding 1.75% and $37.1M floating-rate securities."],"urls":{"canonical":"https://secwatch.observer/filing/0001617242-23-000089","json":"https://secwatch.observer/filing/0001617242-23-000089.json","markdown":"https://secwatch.observer/filing/0001617242-23-000089.md","text":"https://secwatch.observer/filing/0001617242-23-000089.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1617242/000161724223000089/0001617242-23-000089-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1617242/000161724223000089/krny-20231220.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-07T09:51:20.901127+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}