Tsimbinos Steven James 4

What Happened
Steven James Tsimbinos, Senior Executive Vice President & Corporate Secretary of OceanFirst Financial Corp. (OCFC), had 4,629 shares withheld to satisfy tax withholding in connection with the vesting of restricted stock. The withholding was calculated at $18.58 per share, totaling approximately $86,007. The filing lists the transaction as a disposition for tax withholding (code F), but the footnote clarifies no shares were sold in the open market.

Key Details

• Transaction date and price: March 4, 2026; 4,629 shares withheld at $18.58/share (total ≈ $86,007).
• Transaction type/code: F — tax withholding related to vesting of restricted stock.
• Shares owned after transaction: Not specified in the summary filing provided.
• Footnote: The shares were withheld solely to satisfy tax liability on vesting; no sale occurred. Total reported includes unvested restricted stock.
• Filing date/timeliness: Form filed March 6, 2026 for the March 4 transaction (appears timely).

Context
Withholding shares to cover taxes on vested restricted stock is a routine administrative action and does not indicate an open-market sale or necessarily reflect the insider’s view of the company. For retail investors, such transactions are common and generally less informative about insider sentiment than outright purchases.