Han Sam Sang Ki 4
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OceanFirst Financial (OCFC) Director Han Sam Sang Ki Receives Award
What Happened Han Sam Sang Ki, a director of OceanFirst Financial Corp. (OCFC), was reported as acquiring 65,323 shares on June 1, 2026. The shares were received as consideration under OceanFirst’s merger with Flushing Financial Corporation (FFIC) — this was an acquisition/award via the merger, not an open-market purchase or sale. No per-share purchase price or total dollar value is reported in the filing.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (appears timely; Form 4s are generally due within 2 business days).
- Transaction type: A — Award/Acquisition via merger consideration (not a market buy/sale).
- Shares acquired: 65,323 OceanFirst common shares; price reported as N/A in the filing.
- Shares owned after transaction: Not specified in the information provided in this summary.
- Notable footnotes:
- F1: These shares were issued pursuant to the Merger Agreement (Dec 29, 2025); each FFIC share was converted into 0.85 OceanFirst shares (cash paid for fractional shares).
- F2: Reflects OceanFirst securities acquired under the Merger Agreement and related agreements.
- F3: Of the total, 4,080 are restricted stock units (RSUs) that cliff-vest on Jan 30, 2027.
Context This filing reflects merger consideration — FFIC stockholders (including insiders) received OceanFirst shares per the agreed exchange ratio (0.85 OceanFirst shares per FFIC share). Such award-type acquisitions arising from corporate transactions are procedural outcomes of the deal terms and do not, by themselves, indicate an insider’s open-market trading sentiment.