OCFC director acquires 52,262 shares via merger
OCEANFIRST FINANCIAL CORP director Caren C. Yoh acquired 52,262 shares of Common Stock in a non‑market transaction.
Rhea-AI Filing Summary
OCEANFIRST FINANCIAL CORP director Caren C. Yoh acquired 52,262 shares of Common Stock in a non‑market transaction. The shares were received at no stated price pursuant to the Agreement and Plan of Merger among OceanFirst, Flushing Financial Corporation, and Apollo Merger Sub Corp.
Under the merger terms, each Flushing Financial common share converted into the right to receive 0.85 OceanFirst common shares, with cash paid instead of fractional shares. Yoh’s reported holdings now total 52,262 OceanFirst shares, including 4,080 restricted stock units that cliff vest on January 30, 2027.
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 52,262 | $0.00 | $0.00 |
Footnotes (3)
- F1. Represents shares of Issuer Common Stock received pursuant to the Agreement and Plan of Merger, dated December 29, 2025 (the "Merger Agreement"), by and among OceanFirst Financial Corp. (the "Issuer"), Flushing Financial Corporation ("FFIC"), and Apollo Merger Sub Corp. ("Merger Sub"). At the effective time of the merger (the "Effective Time"), each share of FFIC common stock outstanding immediately prior to the Effective Time was converted into the right to receive 0.85 shares of Issuer Common Stock (the "Exchange Ratio") with cash paid in lieu of any fractional shares, in accordance with the Merger Agreement.
- F2. Reflects OceanFirst securities acquired pursuant to the terms of the Merger Agreement and agreements contemplated thereby.
- F3. Includes 4,080 restricted stock units acquired pursuant to the terms of the Merger Agreement and agreements contemplated thereby, which cliff vest on January 30, 2027.
Key Figures
Key Terms
Agreement and Plan of Merger regulatory
Exchange Ratio financial
restricted stock units financial
cliff vest financial
FAQ
What did Caren C. Yoh report in the latest OCFC Form 4 filing?
What role did the Flushing Financial merger play in Caren C. Yoh’s OCFC holdings?
What restricted stock units did Caren C. Yoh receive in connection with OCFC?
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