Maher Christopher 4
Research Summary
AI-generated summary
OceanFirst (OCFC) CEO Christopher Maher Withholds 14,147 Shares for Taxes
What Happened
- Christopher Maher, Chairman, CEO and a director of OceanFirst Financial Corp (OCFC), had 14,147 shares withheld on 2026-03-04 to satisfy tax withholding related to the vesting of restricted stock. The withholding is reported at $18.58 per share, a notional value of $262,851. The filing notes no shares were sold in an open-market transaction.
Key Details
- Transaction date and price: 2026-03-04; 14,147 shares @ $18.58 per share.
- Reported value: approximately $262,851.
- Transaction code: F (tax withholding to satisfy tax liability on vested restricted stock).
- Footnote: Shares were withheld to meet tax obligations; no open-market sale; total reported ownership figures include unvested restricted stock.
- Filing date: 2026-03-06 (covers the 2026-03-04 transaction). The filing appears to have been submitted promptly (no late filing flag provided).
Context
- This was a tax-withholding action tied to RSU vesting, not a discretionary sale or purchase. Such withholdings are routine and do not necessarily signal a change in the insider’s view of the company.