DelliBovi Alfred A 4

What Happened

• Alfred A. DelliBovi, a director of OceanFirst Financial Corp. (OCFC), was reported to have acquired 52,262 shares on 2026-06-01. The filing lists this as an award/grant/other acquisition (code A) with no per-share price reported (N/A) because the shares were issued as merger consideration.
• The shares were issued pursuant to the Merger Agreement dated December 29, 2025, under which each share of Flushing Financial Corporation (FFIC) was converted into the right to receive 0.85 shares of OceanFirst common stock (cash paid for fractional shares). The grant includes 4,080 restricted stock units (RSUs) that cliff vest on January 30, 2027.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears to be filed within the standard Section 16 reporting window).
• Price: N/A (shares issued as merger consideration; value not stated in the filing).
• Shares reported acquired: 52,262 (of which 4,080 are RSUs with a January 30, 2027 cliff vest).
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes of note:
  • F1: Conversion per Merger Agreement — 0.85 exchange ratio for FFIC shares, cash for fractional shares.
  • F2: Reflects OceanFirst securities acquired pursuant to the Merger Agreement and related agreements.
  • F3: Specifies the 4,080 RSUs and their vesting date.
• No indication in the filing that this was a market purchase, sale, option exercise, or a 10b5-1 plan transaction.

Context

• These shares were issued as merger consideration in the OceanFirst–Flushing Financial transaction, so they reflect deal-related compensation/consideration rather than an open-market buy/sell by the insider. Merger-issued shares and RSUs are common in acquisitions and do not necessarily signal personal bullish or bearish sentiment.