OCFC (OCEANFIRST FINANCIAL CORP) director granted 2,769 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP director Jack M. Farris reported an equity award of common stock. On February 27, 2026, he acquired 2,769 restricted shares at no purchase price as a grant, increasing his direct common stock holdings to 22,406 shares.
The footnote explains these restricted shares vest in three equal annual installments beginning on March 1, 2027, and that the total includes other restricted shares scheduled to vest in the future. A separate line shows he directly holds 17,065 stock options as of the same date.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Farris Jack M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,769 | $0.00 | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,406 shares (Direct);
Stock Option (right to buy) — 17,065 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did OCEANFIRST FINANCIAL CORP (OCFC) disclose for Jack M. Farris?
OCEANFIRST FINANCIAL CORP reported that director Jack M. Farris received an equity grant. He acquired 2,769 restricted shares of common stock on February 27, 2026, at no purchase price as a grant, increasing his direct common stock holdings to 22,406 shares.
What is Jack M. Farris’s total direct common stock holding in OCFC after this Form 4?
After the reported grant, Jack M. Farris directly holds 22,406 common shares of OCEANFIRST FINANCIAL CORP. This figure includes the newly awarded 2,769 restricted shares and other previously granted restricted shares that are scheduled to vest in future years.
What stock option holdings for Jack M. Farris are reported in this OCFC Form 4?
The Form 4 discloses that Jack M. Farris directly holds 17,065 stock options. These are listed as a “Stock Option (right to buy)” holding, with that share amount shown as the total following the reported date, separate from his common stock holdings.
Does the OCFC Form 4 indicate indirect ownership or third-party entities for Jack M. Farris?
The reported holdings for Jack M. Farris in this Form 4 are classified as direct. Both the common stock and the stock options are marked with direct ownership, and no footnote indicates that another entity holds voting or investment power over these securities.