Form 4: OceanFirst Financial Corp Director Kimberly M Guadagno Reports Stock Award and Disposal
SEC Form 4 Filing
Director Kimberly M Guadagno reports acquisition of 3,354 shares of OceanFirst Financial Corp common stock as an award and disposal of 15,359 shares.
Summary
- On February 28, 2024, Kimberly M Guadagno, a director of OceanFirst Financial Corp, reported acquiring 3,354 shares of common stock through an award.
- The director also reported disposing of 15,359 shares of common stock on the same date.
- Following these transactions, Guadagno directly owns 15,359 shares of OceanFirst Financial Corp.
- The awarded shares are restricted and will vest in three equal annual installments starting March 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The restricted shares awarded will vest in three equal annual installments beginning on March 1, 2025.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to investors regarding the actions of company leadership.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of stock award and disposal transactions. |
| 03/01/2024 | Date of signature on the report. |
| 03/01/2025 | First vesting date for the restricted shares. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.