Asset Transaction, Failure to Satisfy Listing Rule, Corporate Action, Changes in Control, Amendments to Bylaws, Management Change/Compensation (Form 8-K)

On April 1, 2026 (the "Closing Date"), the Merger was consummated.

Pursuant to the terms of the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each 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 addition, at the Effective Time, each option to purchase shares of Blue Foundry Common Stock ("Blue Foundry Option") granted under Blue Foundry's equity compensation plan that was outstanding immediately prior to the Effective Time was cancelled and converted into the right to receive from Fulton a cash payment equal to the product of (i) the number of shares of Blue Foundry Common Stock subject to such Blue Foundry Option as of immediately prior to the Effective Time multiplied by (ii) the excess, if any, of (a) $20.99 (the "Parent Share Closing Price") over (b) the exercise price per share of Blue Foundry Common Stock subject to such Blue Foundry Option immediately prior to the Effective Time. If the per share exercise price of a Blue Foundry Option that was outstanding immediately prior to the Effective Time was equal to or greater than the Parent Share Closing Price, then such Blue Foundry Option was cancelled at the Effective Time for no consideration.

Pursuant to the Merger Agreement, each award in respect of a share of Blue Foundry Common Stock subject to vesting, repurchase or other time-based or performance-based lapse restrictions granted under Blue Foundry's equity compensation plan that was outstanding immediately prior to the Effective Time was converted into, and was cancelled in exchange for, the right to receive the Merger Consideration.

The foregoing description of the Merger and the Merger Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Merger Agreement, which is filed as Exhibit 2.1 to this Current Report on Form 8-Kand is incorporated herein by reference.

As a result of the consummation of the Merger, the outstanding shares of Blue Foundry Common Stock were converted into the right to receive approximately 12,435,599 shares of Fulton Common Stock. The issuance of shares of Fulton Common Stock in connection with the Merger was registered under the Securities Act of 1933, as amended, pursuant to a registration statement on Form S-4(File No. 333-292122)filed by Fulton with the Securities and Exchange Commission (the "SEC") on December 12, 2025, as amended, and declared effective on December 23, 2025.

The information set forth in the Introductory Note of this Current Report on Form 8-Kis incorporated by reference into this Item 2.01.

On the Closing Date, Blue Foundry notified the Nasdaq Global Select Market ("Nasdaq") that the Merger had closed and requested that Nasdaq (i) suspend trading in Blue Foundry Common Stock prior to the opening of trading on April 1, 2026, (ii) withdraw Blue Foundry Common Stock from listing on Nasdaq prior to the opening of trading on April 1, 2026, and (iii) file with the SEC a notification on Form 25 to effect the delisting of all shares of Blue Foundry Common Stock from Nasdaq under Section 12(b) of the Securities Exchange Act of 1934 (the "Exchange Act"). As a result, Blue Foundry Common Stock is no longer listed on Nasdaq.

Fulton, as successor to Blue Foundry, intends to file with the SEC as promptly as possible a certification on Form 15 requesting the termination of the registration of Blue Foundry Common Stock under Section 12(g) of the Exchange Act and the suspension of Blue Foundry's reporting obligations under Sections 13 and 15(d) of the Exchange Act.

The information set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-Kis incorporated by reference into this Item 3.01.

At the Effective Time, each holder of shares of Blue Foundry Common Stock issued and outstanding immediately prior to the Effective Time ceased to have any rights as a stockholder of Blue Foundry other than the right to receive the Merger Consideration as described above in accordance with the Merger Agreement.

The information set forth in the Introductory Note, Item 2.01, Item 3.01, Item 5.01 and Item 5.03 of this Current Report on Form 8-K is incorporatedby reference into this Item 3.03.

Pursuant to the Merger Agreement, at the Effective Time, Blue Foundry merged with and into Fulton, with Fulton surviving the Merger.

The information set forth in the Introductory Note, Item 2.01, Item 3.01, Item 3.03 and Item 5.02 of this Current Report on Form 8-K is incorporatedby reference into this Item 5.01.

As of the Effective Time, and pursuant to the terms of the Merger Agreement, Blue Foundry's directors ceased serving as directors of Blue Foundry.

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. The Amended and Restated Articles of Incorporation and the Bylaws, as amended, of

Fulton, as in effect immediately prior to the Effective Time, remain in effect as the Amended and Restated Articles of Incorporation and Bylaws, as amended, of Fulton as the surviving entity of the Merger, consistent with the terms of the Merger Agreement. Copies of the Amended and Restated Articles of Incorporation and Bylaws, as amended, of Fulton are filed as Exhibits 3.1 and 3.2, respectively, to this Current Report on Form 8-K,respectively, and are incorporated herein by reference.

The information set forth in the Introductory Note and Item 2.01 of this Current Report on Form 8-Kis also incorporated by reference into this Item 5.03.