Director at OceanFirst (NASDAQ: OCFC) receives 2,769-share restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP director receives stock award. Director Kimberly M. Guadagno acquired 2,769 shares of common stock as a grant or award at a stated price of $0.00 per share. After this grant, she directly owns 20,906 common shares.
The 2,769 shares are restricted stock that vest in three equal annual installments beginning on March 1, 2027. The total reported holdings also include other restricted shares scheduled to vest in the future, indicating a mix of currently vested and unvested equity awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Guadagno Kimberly M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,769 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 20,906 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did OCEANFIRST FINANCIAL CORP (OCFC) report for Kimberly M. Guadagno?
OCEANFIRST FINANCIAL CORP reported that director Kimberly M. Guadagno received a grant of 2,769 shares of common stock. The transaction was coded as an award or other acquisition and carried a stated price of $0.00 per share, reflecting a stock-based compensation grant.
Was the OCFC insider transaction by Kimberly M. Guadagno a purchase or a grant?
The OCFC insider transaction was a grant or award, not an open-market purchase. It is coded as an acquisition under transaction code “A,” indicating stock-based compensation rather than a buy order, with a reported transaction price of $0.00 per share.
What type of security did Kimberly M. Guadagno receive in the latest OCFC Form 4 filing?
Kimberly M. Guadagno received OCEANFIRST FINANCIAL CORP common stock as restricted shares. The award covered 2,769 shares classified as non-derivative securities, and these restricted shares follow a multi-year vesting schedule starting on March 1, 2027, as described in the filing footnote.