Director at OceanFirst Financial (OCFC) receives 2,769 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OceanFirst Financial Corp director Steven Scopellite received a stock award. On February 27, he acquired 2,769 shares of common stock as a restricted stock grant at no cash cost. These restricted shares vest in three equal annual installments beginning on March 1, 2027. After the award, he directly owned 16,711 common shares, and his directly held stock options covered 17,065 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Scopellite Steven
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 — 16,711 shares (Direct);
Stock Option (Right to Buy — 17,065 shares (Direct)
Footnotes (1)
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FAQ
What did OceanFirst Financial (OCFC) director Steven Scopellite report in this Form 4?
Steven Scopellite reported receiving 2,769 restricted shares of OceanFirst Financial common stock. The shares were granted at no cash cost and increase his direct ownership to 16,711 common shares, plus stock options covering 17,065 shares after the reported date.
Does the Form 4 mention OceanFirst Financial (OCFC) stock options for Steven Scopellite?
Yes, it notes a derivative holding labeled as a stock option right to buy OceanFirst Financial common stock. After the reported date, these stock options related to a total of 17,065 shares, supplementing his directly owned common shares reported in the filing.