Nicos Katsoulis (OCFC) receives 2,769-share restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Katsoulis Nicos reported acquisition or exercise transactions in this Form 4 filing.
OCEANFIRST FINANCIAL CORP director Nicos Katsoulis received a restricted stock award of 2,769 shares of Common Stock on February 27, 2026, reported at a price of $0.00 per share as a grant or award. These restricted shares vest in three equal annual installments beginning on March 1, 2027, and the total direct holdings after this award are 31,096 shares. The filing also reports 3,022 shares held indirectly by his spouse as a separate ownership line.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Katsoulis Nicos
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,769 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,096 shares (Direct);
Common Stock — 3,022 shares (Indirect, By Spouse)
Footnotes (1)
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FAQ
What insider transaction did OCFC director Nicos Katsoulis report?
OCFC director Nicos Katsoulis reported receiving a grant of 2,769 restricted Common Stock shares. The award was recorded at a price of $0.00 per share and classified as a grant, award, or other acquisition, increasing his reported direct holdings in the company.
Was the OCFC Form 4 transaction by Nicos Katsoulis a purchase or a grant?
The OCFC Form 4 transaction for Nicos Katsoulis is reported as a grant, award, or other acquisition, not an open-market purchase. The transaction code is "A," and the shares were recorded at $0.00 per share as a stock award from the company.
What does the footnote on the OCFC restricted stock award explain?
The footnote explains that the 2,769 OCFC shares are restricted shares awarded that vest in three equal annual installments beginning March 1, 2027. It also notes that the total direct holdings figure includes other restricted shares scheduled to vest in the future.