OceanFirst officer plans $104K stock sale
OceanFirst Financial Corp. (OCFC) received a notice that officer Brian Schaeffer intends to sell common stock under Rule 144.
Rhea-AI Filing Summary
OceanFirst Financial Corp. (OCFC) received a notice that officer Brian Schaeffer intends to sell common stock under Rule 144. The planned sale covers 5,500 shares of common stock, with an aggregate market value of $103,977.50, to be effected through Ameriprise Financial Services on or about August 31, 2026 on NASDAQ. The filing also notes that Schaeffer acquired 25,609 shares as equity awards from OceanFirst Financial Corp. on February 27, 2026. As of the filing, OceanFirst Financial Corp. had 96,645,219 shares of common stock outstanding.
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Key Figures
Shares to be sold: 5,500 shares of Common Stock
Aggregate market value: $103,977.50
Shares outstanding: 96,645,219 shares
+2 more
5 metrics
Shares to be sold
5,500 shares of Common Stock
Planned Rule 144 sale by Brian Schaeffer
Aggregate market value
$103,977.50
Aggregate market value of 5,500 shares to be sold
Shares outstanding
96,645,219 shares
OceanFirst Financial Corp. common stock outstanding referenced in the notice
Equity awards acquired
25,609 shares
Equity Award from OceanFirst Financial Corp. to Brian Schaeffer on February 27, 2026
Planned sale date
August 31, 2026
Approximate date of sale on NASDAQ
Key Terms
Rule 144, Equity Awards, aggregate market value, Number of shares outstanding
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Equity Awards financial
"02/27/2026 | Equity Awards | Equity Award from OceanFirst Financial Corp."
Equity awards are payments to employees or directors made in the form of company stock or rights to buy stock later, serving as a way to share ownership rather than cash. For investors, they matter because they align staff incentives with company performance, can increase the number of shares outstanding over time (which can reduce each share’s claim on profits), and create compensation costs that affect reported earnings.
aggregate market value financial
"5500 | 103977.5 | 96645219 | 08/31/2026 | NASDAQ"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What sale of OCFC stock is disclosed in this Form 144?
The notice states that officer Brian Schaeffer intends to sell 5,500 shares of OceanFirst Financial Corp. common stock under Rule 144, with an aggregate market value of $103,977.50, through Ameriprise Financial Services.
When is the planned OCFC stock sale expected to occur?
The planned sale of OceanFirst Financial Corp. common stock is expected to occur on or about August 31, 2026 on NASDAQ, according to the Rule 144 notice.
What equity awards to Brian Schaeffer are referenced for OCFC?
The notice states that 25,609 shares of OceanFirst Financial Corp. common stock were acquired by Brian Schaeffer as Equity Awards on February 27, 2026, described as an equity award from OceanFirst Financial Corp.
Who is the broker for Brian Schaeffer’s planned OCFC stock sale?
The broker listed for the planned sale of OceanFirst Financial Corp. common stock is Ameriprise Financial Services, located at 3000 Atrium Way, Suite 150, Mount Laurel, NJ 08054.
AI-generated analysis. How Rhea-AI works. Not financial advice.