OceanFirst Financial (NASDAQ: OCFC) director files amended Form 3/A for Power of Attorney
Filing Impact
Filing Sentiment
Form Type
3/A
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP director John R. Buran filed an amended Form 3. The amendment states it is being filed to attach Mr. Buran's Power of Attorney that was inadvertently omitted from his original Form 3. The filing lists 0 shares of Common Stock owned directly after the reported holdings entry.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BURAN JOHN R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Common Stock held after entry: 0 shares
Unknown transaction entries: 1 entry
Holding entries: 1 entry
+1 more
4 metrics
Common Stock held after entry
0 shares
Total shares following holdings entry for Common Stock
Unknown transaction entries
1 entry
Transaction summary unknownCount
Holding entries
1 entry
Transaction summary holdingEntries
Net buy/sell shares
0 shares
Transaction summary netBuySellShares
Key Terms
Form 3/A, Power of Attorney, Common Stock
3 terms
Form 3/A regulatory
"This Form 3/A is being filed to attach Mr. Buran's Power of Attorney"
An amended Form 3 (Form 3/A) is a corrected or updated disclosure filed with regulators that revises an insider’s initial report of their ownership in a public company — typically for officers, directors or large shareholders. Investors use it like a corrected inventory list: it clarifies who owns how many shares and whether earlier reports had errors, helping assess insider confidence, possible conflicts and the accuracy of ownership records that can affect stock valuation and trust.
Power of Attorney regulatory
"being filed to attach Mr. Buran's Power of Attorney that was inadvertently omitted"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
Common Stock financial
"The filing lists 0 shares of Common Stock owned directly after the reported holdings entry"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What does John R. Buran's amended Form 3/A for OCFC report?
The amended Form 3/A for OCEANFIRST FINANCIAL CORP (OCFC) reports that director John R. Buran filed solely to attach a previously omitted Power of Attorney. It also shows he directly holds 0 shares of Common Stock following the reported holdings entry.
Does the OCFC Form 3/A show any stock transactions by John R. Buran?
The Form 3/A does not show any buy or sell transactions for John R. Buran. It classifies the entry as a holdings record with 0 shares of Common Stock owned directly after the reported entry, and the transaction code is listed as unknown.
Why was John R. Buran's Form 3 for OCFC amended?
The Form 3 was amended because Mr. Buran's Power of Attorney was inadvertently omitted from the original filing. The amendment explains this purpose explicitly and attaches the Power of Attorney, without introducing new transaction details or changes to the reported holdings.
Does the OCFC Form 3/A include any derivative securities for John R. Buran?
The Form 3/A does not list any derivative securities for John R. Buran. The derivative section is empty in the filing’s summarized data, indicating no options, warrants, or other derivative holdings are reported in this amendment.