4/AAccepted Sep 18, 1:10 PM ET
OCEANFIRST (OCFC) Director John R. Buran Sells 113,630 Shares
Accepted (ET)
1:10 PM
Sep 18, 2026
Filed
Sep 18, 2026
Documents
1
Size
5.9 KB
Summary
OCEANFIRST (OCFC) Director John R. Buran Sells 113,630 Shares
What Happened
- John R. Buran, a director of OCEANFIRST FINANCIAL CORP (OCFC), sold 113,630 shares in an open-market/private sale on August 7, 2026. The shares were disposed at $19.40 per share for a total proceeds of approximately $2,204,831. This Form 4 is an amendment to correct the number of directly owned shares reported at the time of the transaction.
Key Details
- Transaction date and price: 2026-08-07 at $19.40 per share.
- Shares sold: 113,630; total proceeds ≈ $2,204,831.
- Transaction type/code: Sale (S) — open-market or private sale as reported.
- Footnotes:
- F2: Shares sold to facilitate rollover of assets from a 401(k) plan.
- F1: Form also notes increases in beneficial ownership from exempt acquisitions under Rule 16b-3(c) (separate from this sale).
- F3: This filing is an amendment correcting the number of directly owned shares reported at the time.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Timeliness: The amended Form 4 was filed on 2026-09-18 for a transaction dated 2026-08-07, indicating the filing was amended and submitted well after the transaction date.
Context
- Sales by directors can be routine (e.g., to restructure personal accounts or rollover retirement assets, as noted here) and do not necessarily signal a change in company outlook. The filing corrects prior ownership reporting, and an earlier or original Form 4 may have been filed; this entry amends that prior disclosure.