BlackRock Portfolio Management trims OceanFirst (OCFC) holding to 4.8%
Rhea-AI Filing Summary
BlackRock Portfolio Management LLC filed an amended Schedule 13G to report its passive ownership in OceanFirst Financial Corp. common stock as of 12/31/2025. The firm reports beneficial ownership of 2,753,229 shares, representing 4.8% of OceanFirst’s common stock. It has sole power to vote 2,521,743 of those shares and sole power to dispose of all 2,753,229 shares, with no shared voting or dispositive power.
The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of OceanFirst. It also notes that various underlying persons have rights to dividends or sale proceeds from these shares, but no single person has an interest in more than five percent of the total outstanding common stock.
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FAQ
What percentage of OceanFirst Financial Corp (OCFC) does BlackRock Portfolio Management LLC own?
How many OceanFirst Financial (OCFC) shares does BlackRock Portfolio Management LLC report owning?
Is BlackRock Portfolio Management LLC a passive investor in OceanFirst Financial Corp (OCFC)?
What voting power does BlackRock Portfolio Management LLC have over OCFC shares?
Who ultimately benefits from the OceanFirst Financial (OCFC) shares held by BlackRock Portfolio Management LLC?
Why did BlackRock Portfolio Management LLC file an amended Schedule 13G for OceanFirst Financial Corp (OCFC)?