OceanFirst (NASDAQ: OCFC) CEO logs tax-withholding share move, no stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP Chairman and CEO Christopher Maher reported a Form 4 showing 14,147 shares of common stock withheld on March 4, 2026 to satisfy tax liabilities from vesting restricted stock at $18.58 per share. A footnote clarifies that no shares were sold; this was a tax-withholding disposition, not an open-market sale. Following this transaction, Maher directly owns 368,621 common shares, and also has various direct stock option holdings and indirect common stock holdings through his spouse, a 401(k) plan, and an ESOP.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
Maher Christopher
Role
Chairman and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 14,147 | $18.58 | $263K |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 368,621 shares (Direct);
Stock Option (right to buy) — 73,400 shares (Direct);
Common Stock — 5,000 shares (Indirect, By Spouse)
Footnotes (1)
- [object Object]
FAQ
What insider transaction did OCFC Chairman and CEO Christopher Maher report?
Christopher Maher reported a tax-withholding disposition of 14,147 shares of OceanFirst Financial common stock. The shares were withheld to cover taxes from vesting restricted stock, and a footnote specifies that no shares were actually sold in the market.
Was the OCFC insider Form 4 a stock sale by Christopher Maher?
No, the Form 4 does not show an open-market stock sale by Christopher Maher. The filing states 14,147 shares were withheld solely to satisfy tax liabilities on vesting restricted stock, and explicitly notes that no shares were sold.
What types of indirect OCFC holdings are reported for Christopher Maher?
The Form 4 reports indirect OceanFirst Financial common stock holdings for Christopher Maher through three sources: shares held by his spouse, shares held in a 401(k) plan, and shares held by an ESOP, all classified as indirect ownership interests.
Does the OCFC Form 4 show any changes to Christopher Maher’s stock options?
The filing lists several OceanFirst Financial stock option positions as holdings with updated totals following March 4, 2026. However, it does not show new option exercises or grants, only the number of options reported as directly owned after the transactions.