BENNETT JAMES DAVISON 4

What Happened

• Bennett James Davison, a director of Flushing Financial Corp (FFIC), had two dispositions on June 1, 2026 totaling 112,648 FFIC shares (107,848 and 4,800 shares). The dispositions are reported as "to the issuer" and reflect the merger of FFIC into Apollo Merger Sub Corp. and the conversion of FFIC shares into OceanFirst Financial Corporation (OCFC) consideration. No per‑share price is reported on the Form 4 (N/A).
• Under the Merger Agreement, each FFIC share outstanding immediately before the merger converted into the right to receive 0.85 shares of OCFC common stock (fractional shares paid in cash). The merger closed on June 1, 2026. Per the filing, Davison no longer beneficially owns any FFIC common stock after the merger.

Key Details

• Transaction date: June 1, 2026. Form 4 filed June 2, 2026 (timely within required reporting window).
• Reported dispositions: 107,848 shares and 4,800 shares — total 112,648 FFIC shares; price listed as N/A due to conversion in merger.
• Conversion terms: 0.85 OCFC shares per FFIC share (fractional shares paid in cash); previously unvested FFIC RSUs were accelerated and converted on the same basis.
• Shares owned after transaction: 0 FFIC common shares (per footnote F3).
• Footnotes of note: F2 (disposition pursuant to Merger Agreement), F3 (no remaining FFIC ownership), F4 (RSUs accelerated and converted), F1 (excludes shares underlying previously unvested RSUs referenced in F4).

Context

• This was not an open‑market sale by the insider but a merger conversion—FFIC shares were converted into OCFC consideration under the merger terms. Such merger-related dispositions reflect corporate transactions rather than an insider selling into the market, and do not by themselves indicate personal trading sentiment.