Director John R. Buran of OceanFirst Financial Corp filed a Form 4 on August 11, 2026, disclosing a sale of common stock on August 7, 2026, held indirectly through a 401(k) Plan.

Key Highlights

  • Reporting Person: John R. Buran, a Director of OceanFirst Financial Corp (NASDAQ:OCFC).
  • Transaction: 113,463 shares of Common Stock disposed of (transaction code S) on August 7, 2026, at a price of $19.4036 per share.
  • Ownership Structure: The disposed shares were held indirectly through a 401(k) Plan.
  • Stated Purpose: According to the filing, shares were "sold to facilitate rollover of assets from 401(k) Plan."
  • Remaining Beneficial Ownership: Following the transaction, Buran directly owns 113,329 shares of Common Stock.
  • Acquisition Note: The filing states the form "reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c)."

OceanFirst Director Buran Discloses 401(k) Rollover Share Sale

According to the Form 4 filed with the SEC on August 11, 2026, John R. Buran, a Director at OceanFirst Financial Corp (NASDAQ:OCFC), reported a disposition of 113,463 shares of Common Stock on August 7, 2026. The shares were held indirectly through a 401(k) Plan and were sold at a price of $19.4036 per share. The transaction code recorded is "S," indicating a sale.

The filing provides an explanation for the transaction, noting that the shares were "sold to facilitate rollover of assets from 401(k) Plan." An additional footnote states that the form "reflects increases in beneficial ownership resulting from exempt acquisitions pursuant to Rule 16b-3(c)," indicating that certain acquisitions reported alongside the disposition qualify as exempt transactions under that rule.

Following the reported transaction, Buran holds 0 shares indirectly through the 401(k) Plan and 113,329 shares of Common Stock directly. The Form 4 was signed by Steven J. Tsimbinos under a power of attorney and filed on August 11, 2026. No derivative securities were reported in Table II of the filing.

What Was Disclosed

Director John R. Buran disclosed a sale of 113,463 shares of OceanFirst Financial Corp Common Stock at $19.4036 per share from a 401(k) Plan account, attributed to a plan rollover, with 113,329 shares remaining in direct ownership afterward.