8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of Earliest Event Reported): May 25, 2022

HarborOne Bancorp, Inc.

(Exact Name of Registrant as Specified in its Charter)

Massachusetts	001-38955	81-1607465
(State or other jurisdiction	(Commission	(IRS Employer
of incorporation)	File Number)	Identification Number

770 Oak Street, Brockton, Massachusetts 02301

(Address of principal executive offices)

(508) 895-1000

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Title of each Class	Trading Symbol	Name of each exchange on which registered
Common Stock, $0.01 par value	HONE	The NASDAQ Stock Market, LLC

Item 5.02 Departure of Principal Officer; Appointment of Principal Officer

On May 25, 2022, the Board of Directors (the “Board”) of HarborOne Bancorp, Inc. (the “Company”) elected Anne Margulies to serve as Director of the Company, effective June 15, 2022, filling a vacancy created by an expansion of the Board.  Ms. Margulies will serve as a Class II Director with a term expiring on the date of the Company’s annual meeting of shareholders in 2024. Ms. Margulies has not been appointed to any committees of the Board at this time.

Ms. Margulies recently retired as the Chief Information Officer of Harvard University, having served in such role from 2010 to 2021. There is no arrangement or understanding between Ms. Margulies and any other person pursuant to which Ms. Margulies was appointed to the Board. Ms. Margulies is not a party to any transactions that would be required to be disclosed under Section 404(a) of Regulation S-K.

Item 9.01Financial Statements and Exhibits

(d)Exhibits

Number	Description
99.1	Press release dated June 1, 2022
104	Cover Page Interactive Data File (formatted as inline XBRL)

EXHIBIT INDEX

Number	Description
99.1	Press release dated June 1, 2022
104	Cover Page Interactive Data File (formatted as inline XBRL)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunder duly authorized.

3
	HARBORONE BANCORP, INC.
	By:	/s/ Linda H. Simmons
	Name:	Linda H. Simmons
	Title:	Executive Vice President and
		Chief Financial Officer
Date: June 1, 2022

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE:

Media Contact:

Madeline Reynolds

madeline@sevenletter.com

617.646.1023 | 781.315.7332

HarborOne Bancorp Names Anne Margulies to Board of Directors

(Brockton, MA) –June 1, 2022 – HarborOne Bancorp, Inc. (“HarborOne”) (NASDAQ:HONE), the holding company for HarborOne Bank, announced today that it has named Anne Margulies, former Chief Information Officer of Harvard University, to serve as the newest member of its Board of Directors.

Margulies has served with distinction in various leadership roles in higher education and the public sector over the last thirty-five years. As Harvard’s Chief Information Officer from 2010 to 2021, she managed information technology strategies, plans, and policies to serve all of the University schools. Margulies also served from 2002 to 2007 as the founding Executive Director of MIT OpenCourseWare, an internationally acclaimed initiative that allowed access to large swaths of the MIT curriculum free of charge. In the public sector, Margulies served as Assistant Secretary for Information Technology and Chief Information Officer for the Commonwealth of Massachusetts from 2007 to 2010.

“Anne’s deep understanding of communications and information technology and exceptional leadership skills, will help HarborOne choose its course as we continue to grow,” said Michael Sullivan, Chairman of the HarborOne Board and former US Attorney for Massachusetts and Acting Director of the U.S. Bureau of Alcohol, Tobacco, Firearms and Explosives (“ATF”).

HarborOne President and CEO Joseph F. Casey said the leadership positions that Margulies has held make her an ideal fit for the Board. “Anne has helped lead some of the most important institutions in the state, and the country, and has served in both the public and private sectors,” said Casey. “That kind of experience is invaluable. It is going to be a pleasure to have her as part of the team.”

Margulies serves on the board of directors of Henry Schein, Inc., a solutions company for health care professionals, a position she has held since 2018. She is also a board member at SomaLogic, a leading commercial-stage proteomics company.

“I’ve been extremely impressed with the rapid but thoughtful and strategic growth that has taken place at HarborOne over the last decade,” said Margulies. “This is a great team, a strong Board, and a company that has shown over and over its commitment to the communities it serves. I look forward to helping add to that outstanding record.”

As an independent Director, Ms. Margulies will bring to the table her significant expertise in information technology and security, and her deep experience in strategic planning and execution, to help steer HarborOne in the new digital banking era.

Anne Margulies lives with her husband in Boston, Massachusetts.

About HarborOne Bancorp
HarborOne Bancorp, Inc., headquartered in Massachusetts, is the holding company of HarborOne Bank, a Massachusetts-chartered savings bank with $4.6 billion in assets. HarborOne Bank serves the financial needs of consumers, businesses, and municipalities throughout Massachusetts and Rhode Island through a network of 30 full-service branches, and two commercial loan offices in Boston and Providence.  The Bank also provides a range of educational services through “HarborOne U,” with content and classes available on personal finance and small business delivered virtually as well as at community locations throughout Massachusetts and Rhode Island.  HarborOne Mortgage, LLC, a subsidiary of HarborOne Bank, is a full-service mortgage lender with offices throughout Massachusetts, Rhode Island, and New Hampshire and is licensed in seven additional states.

XML

Document and Entity Information	May 25, 2022
Document and Entity Information [Abstract]
Document Type	8-K
Document Period End Date	May 25, 2022
Entity Registrant Name	HarborOne Bancorp, Inc.
Entity Incorporation, State or Country Code	MA
Entity File Number	001-38955
Entity Tax Identification Number	81-1607465
Entity Address, Address Line One	770 Oak Street
Entity Address, City or Town	Brockton
Entity Address, State or Province	MA
Entity Address, Postal Zip Code	02301
City Area Code	508
Local Phone Number	895-1000
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, $0.01 par value
Trading Symbol	HONE
Security Exchange Name	NASDAQ
Entity Emerging Growth Company	false
Entity Central Index Key	0001769617
Amendment Flag	false