STOCK TITAN

Director at OceanFirst Financial (OCFC) receives 2,769 restricted stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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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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*
Scopellite Steven

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

(Street)
RED BANK NJ 07701

(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 16,711 D(1)
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
Stock Option (Right to Buy $20.44 03/01/2021 02/28/2030 Common Stock 17,065 17,065 D
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 (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.

How many OceanFirst Financial (OCFC) shares did Steven Scopellite acquire?

He acquired 2,769 shares of OceanFirst Financial common stock through a restricted stock award. This grant was classified as a non-derivative acquisition and occurred on February 27, increasing his directly owned common shares to a total of 16,711 after the transaction.

What are the vesting terms of Steven Scopellite’s restricted OCFC shares?

The 2,769 restricted OceanFirst Financial shares vest in three equal annual installments. Vesting begins on March 1, 2027, and the total also includes other previously granted restricted shares that will vest in future years according to the same disclosure.

Did Steven Scopellite buy or sell OceanFirst Financial (OCFC) shares for cash?

He did not report any open-market purchases or sales for cash. The Form 4 shows a grant of 2,769 restricted shares at a price of $0.0000 per share, indicating an equity award rather than a cash transaction in the company’s stock.

What is Steven Scopellite’s OceanFirst Financial share ownership after this Form 4?

Following the restricted stock grant, he directly owned 16,711 shares of OceanFirst Financial common stock. In addition, his directly held stock options related to common stock covered 17,065 shares, as shown in the derivative holdings section of the filing.

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.