OceanFirst director awarded 2,769 restricted shares
Murphy Joseph M. Jr. reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Murphy Joseph M. Jr. reported acquisition or exercise transactions in this Form 4 filing.
OceanFirst Financial Corp director Joseph M. Murphy Jr. received a grant of 2,769 shares of common stock on February 27, 2026. The shares are restricted and were granted at a price of $0.00 per share as an award, not an open-market purchase.
According to the footnote, these restricted shares vest in three equal annual installments beginning on March 1, 2027, and the total also includes other restricted shares that will vest in the future. After this award, Murphy directly holds 182,964 shares of common stock and has additional indirect holdings through a corporation, an IRA, and family members.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,769 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. 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.
FAQ
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What did OceanFirst Financial Corp (OCFC) report in this Form 4 filing?
Was the OceanFirst (OCFC) director grant an open-market stock purchase?
What does transaction code A mean in the OceanFirst (OCFC) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.