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Director at OceanFirst (NASDAQ: OCFC) receives 2,769 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Turner Patricia Lynne reported acquisition or exercise transactions in this Form 4 filing.

OCEANFIRST FINANCIAL CORP director Patricia Lynne Turner received a grant of 2,769 shares of common stock as a restricted stock award. The award was made at a price of $0.00 per share and increases her directly held stake to 15,846 shares.

According to the footnote, these restricted shares vest in three equal annual installments beginning on March 1, 2027, and the total reported holdings also include other restricted shares scheduled to vest in the future. Turner also indirectly holds 525 shares through an IRA.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Turner Patricia Lynne

(Last) (First) (Middle)
110 WEST FRONT STREET

(Street)
RED BANK NJ 07701

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
OCEANFIRST FINANCIAL CORP [ OCFC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/27/2026 A 2,769 A $0 15,846 D(1)
Common Stock 525 I IRA
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Restricted shares awarded. Such shares vest in three equal annual installments beginning on March 1, 2027. Total includes other restricted shares that vest in the future.
Remarks:
/s/ Steven J. Tsimbinos, Power of Attorney 03/03/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did OCFC director Patricia Lynne Turner report?

Patricia Lynne Turner reported receiving a grant of 2,769 restricted common shares. The award was recorded at $0.00 per share and is classified as a grant, award, or other acquisition, increasing her directly held ownership in OceanFirst Financial Corp.

How many OceanFirst Financial (OCFC) shares does Patricia Lynne Turner own after this transaction?

After the transaction, Patricia Lynne Turner directly owns 15,846 common shares. She also indirectly holds 525 additional shares through an IRA account, and her total includes restricted shares that are scheduled to vest over future years.

What type of shares were granted to OCFC director Patricia Lynne Turner?

The transaction involves restricted shares of OceanFirst Financial common stock. These shares were awarded as a grant with no cash price per share and are subject to a multi-year vesting schedule before they become fully available to the director.

When do Patricia Lynne Turner’s new restricted OCFC shares start vesting?

The newly awarded restricted shares begin vesting on March 1, 2027. They vest in three equal annual installments starting on that date, meaning full vesting occurs over a three-year period, assuming continued satisfaction of any applicable vesting conditions.

Are all of Patricia Lynne Turner’s reported OCFC shares currently vested?

No, not all reported shares are currently vested. The filing notes that the total figure includes restricted shares that will vest in the future, including the new 2,769-share award vesting in three equal annual installments beginning March 1, 2027.

How is Patricia Lynne Turner’s indirect ownership in OceanFirst Financial (OCFC) structured?

Turner indirectly owns 525 OCFC common shares through an IRA. This indirect holding is reported separately from her directly held 15,846 shares, helping investors distinguish between her personal holdings and those held via retirement-related accounts.
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