Yoh Caren C 4

What Happened

• Yoh Caren C, a director of OceanFirst Financial Corp. (OCFC), was reported as acquiring 52,262 shares of OceanFirst common stock on 2026-06-01. The transaction is recorded as an award/acquisition (code A); no per-share price is listed because the shares were received as merger consideration.
• The issuance arises from OceanFirst’s merger with Flushing Financial Corporation: each FFIC share was converted into the right to receive 0.85 shares of OceanFirst stock (cash paid for any fractional shares). The filing also notes 4,080 restricted stock units (RSUs) included in this total that cliff-vest on January 30, 2027.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (timely filing).
• Transaction type/code: Award/Acquisition (A) under the Merger Agreement.
• Shares acquired: 52,262 OceanFirst common shares; price: N/A (merger consideration).
• Restricted stock units: 4,080 RSUs included, cliff-vesting on 2027-01-30.
• Shares owned after transaction: not specified in the filing excerpt provided.
• Footnotes: F1–F3 explain the FFIC-to-OceanFirst conversion at a 0.85 exchange ratio, cash paid for fractional shares, and that certain securities were acquired pursuant to the Merger Agreement.

Context

• These shares were received as merger consideration, not purchased on the open market; such corporate-transaction issuances reflect deal terms rather than an insider buying or selling based on personal views.
• The included RSUs are subject to future vesting (cliff on 2027-01-30), so not all shares may be immediately transferable.