MANDITCH DOUGLAS C 4

What Happened

• Douglas C. Manditch, a director of Flushing Financial Corp (FFIC), disposed of a total of 61,156 FFIC shares on June 1, 2026. The filings show two dispositions to the issuer: 56,356 shares and 4,800 shares. No per-share price is reported because the shares were converted under the merger, not sold on the open market.
• Per the Merger Agreement with OceanFirst Financial Corporation (OCFC), each FFIC share was converted into the right to receive 0.85 shares of OCFC common stock; fractional shares were paid in cash. As a result of the merger, Manditch no longer beneficially owns any FFIC common stock.

Key Details

• Transaction date: June 1, 2026 (Merger closed on this date). Form 4 filed June 2, 2026 (filed the day after the transaction).
• Dispositions: 56,356 shares and 4,800 shares; total 61,156 FFIC shares. Price: N/A (conversion under merger).
• Conversion: 0.85 OCFC shares per FFIC share; fractional shares paid in cash under the Merger Agreement.
• Shares owned after transaction: 0 (Reporting Person no longer beneficially owns FFIC common stock).
• Notable footnotes: disposals were made pursuant to the Agreement and Plan of Merger dated Dec 29, 2025; previously unvested FFIC RSUs were accelerated at the Effective Time and converted into OCFC shares on the same 0.85-to-1 basis.

Context

• This was not an open-market sale by the director but a corporate-action conversion as part of FFIC’s merger with OceanFirst—more a structural change in ownership than a personal trading decision.
• The filing indicates the merger consideration was equity (OCFC shares) with cash for fractional share amounts; no cash proceeds or market sale values for the reported FFIC shares are provided in the Form 4.