OceanFirst Financial (NASDAQ: OCFC) director Steven DiOrio files Form 3 showing zero shares
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP director reports initial holdings on a Form 3. Director Steven J. DiOrio is identified as a board member and reports beneficial ownership of 0 shares of Common Stock as of the reported date, establishing a baseline of his current direct equity position in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DIorio Steven J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct, null)
Footnotes (1)
Key Figures
Beneficial ownership: 0 shares of Common Stock
1 metrics
Beneficial ownership
0 shares of Common Stock
Total shares following reported Form 3 entry
Key Terms
Form 3, beneficial ownership, Common Stock
3 terms
Form 3 regulatory
"Director Steven J. DiOrio filed a Form 3 for OceanFirst Financial"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership regulatory
"reports beneficial ownership of 0 shares of Common Stock"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Common Stock financial
"The security reported on the Form 3 is Common Stock"
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 the OceanFirst Financial Corp (OCFC) Form 3 for Steven J. DiOrio show?
The Form 3 shows that director Steven J. DiOrio has reported beneficial ownership of 0 shares of Common Stock. This filing establishes his initial disclosed equity position as a director of OceanFirst Financial Corp at the time of reporting.
Is Steven J. DiOrio an officer or just a director at OceanFirst Financial Corp (OCFC)?
Steven J. DiOrio is reported as a director of OceanFirst Financial Corp and not as an officer. The filing marks him as a board member with no officer title and indicates he is not a ten percent owner of the company.
Does the OceanFirst Financial Corp (OCFC) Form 3 include any insider buy or sell transactions?
The Form 3 does not show any buy or sell transactions. It records a holding entry with an unknown transaction code and a total of 0 shares following the reported entry, focusing solely on initial beneficial ownership disclosure.
What type of security is reported on Steven J. DiOrio’s Form 3 for OceanFirst Financial Corp (OCFC)?
The security reported on the Form 3 is Common Stock of OceanFirst Financial Corp. The filing shows a holding entry for this class of security with 0 total shares beneficially owned following the reported entry by the director.