What do the ESOP-related footnotes in Patrick Chong’s OCFC Form 4 indicate?

The footnotes explain that the reported acquisition reflects an annual allocation of ESOP shares and that his total direct holdings include restricted common stock that has not yet vested. This clarifies that some shares are part of benefit and compensation programs with vesting requirements.

Patrick Chong granted 293 OCFC shares via ESOP in Form 4 filing

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Chong Patrick reported acquisition or exercise transactions in this Form 4 filing.

OCEANFIRST FINANCIAL CORP reporting person Patrick Chong received an annual allocation of 293 shares of Common Stock through the company’s ESOP, recorded as an indirect grant or award with no cash price. After this, he indirectly holds 1,540 shares and directly holds 1,811 shares, which include restricted stock that has not yet vested.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Chong Patrick

Role Insider

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	293	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,540 shares (Indirect, ESOP); Common Stock — 1,811 shares (Direct)

Footnotes (1)

Reflects annual allocation of ESOP shares. Total includes shares of restricted common stock that have not yet vested.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 02/24/2026 - 12:15 PM

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^*

Chong Patrick

(Last)

(First)

(Middle)

110 WEST FRONT STREET

(Street)

RED BANK

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)

Director		10% Owner
Officer (give title below)	X	Other (specify below)
		SVP/Principal Accounting Off.

3. Date of Earliest Transaction (Month/Day/Year)
02/23/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/23/2026		A		293⁽¹⁾	A	$0	1,540	I	ESOP
Common Stock								1,811	D⁽²⁾

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Reflects annual allocation of ESOP shares.

2. Total includes shares of restricted common stock that have not yet vested.

Remarks:

	/s/ Steven J. Tsimbinos, Power of Attorney	02/24/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Patrick Chong report at OCEANFIRST FINANCIAL CORP (OCFC)?

Patrick Chong reported receiving 293 shares of OCEANFIRST FINANCIAL CORP common stock. The shares were granted as an annual allocation under the company’s ESOP plan, recorded as a non-cash grant or award acquisition on February 23, 2026, increasing his indirect ownership balance.

How many OCFC shares did Patrick Chong acquire in this Form 4 filing?

He acquired 293 shares of OCFC common stock. The transaction is coded as a grant, award, or other acquisition and is described in the footnotes as an annual allocation of ESOP shares, rather than an open-market purchase at a stated price per share.

What is Patrick Chong’s total indirect ownership in OCFC after the ESOP allocation?

After the ESOP allocation, Patrick Chong indirectly owns 1,540 OCFC common shares. These shares are held through the company’s employee stock ownership plan (ESOP), reflecting the updated balance following the 293-share grant recorded on February 23, 2026.

What is Patrick Chong’s direct ownership in OCEANFIRST FINANCIAL CORP stock?

His direct ownership totals 1,811 OCFC common shares. A footnote states this total includes shares of restricted common stock that have not yet vested, meaning part of the balance is subject to future vesting conditions before becoming fully unrestricted.

Was cash paid for the 293 OCFC shares reported in this Form 4?

No cash payment is shown for the 293 OCFC shares. The transaction price per share is reported as 0.0000, and the filing describes the event as a grant, award, or other acquisition tied to the annual allocation of ESOP shares for the reporting person.