OceanFirst (OCFC) CIO Brian Schaeffer Sells 5,500 Shares

What Happened
Brian Schaeffer, SEVP & Chief Investment Officer of OceanFirst Bank, sold 5,500 shares of OceanFirst Financial Corp (OCFC) on August 31, 2026. The shares were disposed at $18.91 each, generating proceeds of approximately $103,978. The transaction is reported as a sale (code S) and described as an open market or private sale.

Key Details

• Transaction date: 2026-08-31; Price: $18.91 per share; Shares sold: 5,500; Proceeds ≈ $103,978.
• Transaction type: Sale (open market or private sale), reported on Form 4 filed 2026-09-01. Filing appears timely (filed the next day).
• Shares owned after the transaction: Not specified in the provided excerpt of the filing.
• Footnotes in the filing:
  • F1: Total beneficial ownership reported includes restricted common stock that has not yet vested.
  • F2: The form also reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c) (this relates to exempt treatment for certain plan-related acquisitions and appears to reference other holdings, not the sale above).

Context
Sales by executives are common and can be routine (for liquidity, diversification, tax, or other personal reasons); a sale alone is not a clear signal of company outlook. This report documents the disposal amount and the footnotes clarify that some reported totals include unvested restricted shares and exempt-plan acquisitions.