OceanFirst’s Patrick Chong updates OCFC shareholdings
OCEANFIRST FINANCIAL CORP senior vice president and principal accounting officer Patrick Chong corrected his reported shareholdings.
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Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP senior vice president and principal accounting officer Patrick Chong corrected his reported shareholdings. The amendment explains that a clerical error previously understated his directly held OCFC common shares and that the increase now shown comes from several dividend reinvestments, not from new market purchases or sales.
Following this update, Chong holds 1,914 OCFC common shares directly and 1,540 shares indirectly through an ESOP. This filing is essentially an administrative clean-up so that his Form 4 ownership records accurately reflect past dividend reinvestment activity.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Due to a clerical error, the number of OCFC shares directly held by Mr. Chong was incorrectly reported at the time of time of the original filing. The increase in shares reflected in this filing was the result of several dividend reinvestments.
FAQ
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What does Patrick Chong’s amended Form 4/A for OCEANFIRST FINANCIAL (OCFC) show?
Why was a Form 4/A amendment necessary for OCEANFIRST FINANCIAL (OCFC)?
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