Director at OceanFirst (NASDAQ: OCFC) receives 2,769 restricted shares
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Turner Patricia Lynne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,769 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 15,846 shares (Direct);
Common Stock — 525 shares (Indirect, IRA)
Footnotes (1)
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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 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.