OceanFirst Financial CIO Sells 5,500 Shares at $18.91
Key PointsThe sale was valued at $104,005.
CIO and SEVP of OceanFirst Bank, Brian Schaeffer, sold 5,500 shares of OceanFirst Financial (NASDAQ:OCFC) on August 31, 2026, according to a recent SEC Form 4 filing. The transaction value was calculated at $104,145.35 based on the weighted average sale price of $18.91 per share, while the post-transaction value was $104,018.40 based on the market close price of $18.84 per share.
OceanFirst Financial, a regional bank holding company with a market capitalization of approximately $1.8 billion, operates with around 900 employees and generated TTM revenues of $427.6 million. The company's business model focuses on deposit gathering and commercial lending, positioning it as a regional competitor in the U.S. banking sector.
Brief written by urgent.news from Motley Fool's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
