Schaeffer Brian 4

What Happened

• Brian Schaeffer, Senior EVP & Chief Investment Officer at OceanFirst Bank (OceanFirst Financial Corp., OCFC), had 1,837 restricted shares withheld to satisfy withholding-tax obligations tied to the vesting of restricted stock. The withholding price is reported at $18.58 per share for a total value of about $34,131. This was a tax-withholding event (not an open-market sale or purchase).

Key Details

• Transaction date: 2026-03-04; Filing date: 2026-03-06 (timely).
• Reported shares withheld: 1,837 at $18.58 each; total reported value ≈ $34,131.
• Transaction code: F — tax withholding to satisfy tax liability on vested restricted stock.
• Filing footnote: The shares were withheld to satisfy taxes; no shares were sold. The report notes that the total includes unvested restricted stock.
• Shares owned after transaction: Not specified in the provided filing details.

Context

• This is a routine payroll/tax-related withholding associated with restricted stock vesting, not a discretionary sale or purchase. Such withholdings are common and do not necessarily indicate the insider’s view of the company’s prospects.