STOCK TITAN

OceanFirst Financial (OCFC) director receives 2,769 restricted shares

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

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.

Positive

  • None.

Negative

  • None.
Insider Murphy Joseph M. Jr.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 2,769 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 182,964 shares (Direct); Common Stock — 72,800 shares (Indirect, By Corporation)
Footnotes (1)
  1. [object Object]
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
hours per response: 0.5
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*
Murphy Joseph M. Jr.

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

(Street)
RED BANK NJ 08053

(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 $0 182,964 D(1)
Common Stock 72,800 I By Corporation
Common Stock 56,000 I By IRA
Common Stock 24,000 I By Son A
Common Stock 24,000 I By Daughter
Common Stock 20,000 I By Son B
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 did OceanFirst Financial Corp (OCFC) report in this Form 4 filing?

OceanFirst Financial Corp (OCFC) reported that director Joseph M. Murphy Jr. received a grant of 2,769 restricted common shares on February 27, 2026. The award carried a price of $0.00 per share and increased his directly held common stock to 182,964 shares following the transaction.

How do the 2,769 restricted shares granted to Joseph M. Murphy Jr. vest?

The 2,769 restricted shares granted to Joseph M. Murphy Jr. vest in three equal annual installments beginning on March 1, 2027. A footnote explains that the total reported also includes other restricted shares scheduled to vest in future years under similar time-based vesting conditions.

Was the OceanFirst (OCFC) director grant an open-market stock purchase?

No, the OceanFirst (OCFC) director transaction was a grant or award, not an open-market stock purchase. The Form 4 lists transaction code A, indicating a grant, with a price per share of $0.00, reflecting equity compensation rather than a cash-funded acquisition in the market.

What are Joseph M. Murphy Jr.’s direct and indirect OceanFirst share holdings after the grant?

After the grant, Joseph M. Murphy Jr. directly holds 182,964 OceanFirst common shares. The Form 4 also shows indirect holdings, including 72,800 shares held by a corporation, 56,000 by an IRA, and additional blocks of 24,000, 24,000, and 20,000 shares held by his children.

What does transaction code A mean in the OceanFirst (OCFC) Form 4?

In the OceanFirst (OCFC) Form 4, transaction code A designates a grant, award, or other acquisition of securities. Here it reflects a stock award of 2,769 restricted common shares to director Joseph M. Murphy Jr., rather than a traditional purchase or sale in the open market.