Brian Schaeffer, SEVP and Chief Information Officer of OceanFirst Bank, filed a Form 4 with the SEC on September 1, 2026, reporting the sale of 5,500 shares of OceanFirst Financial Corp common stock on August 31, 2026.

Key Highlights

  • Shares sold: Brian Schaeffer disposed of 5,500 shares of OceanFirst Financial Corp common stock on August 31, 2026.
  • Sale price: The shares were sold at $18.905 per share, according to the filing.
  • Direct holdings after transaction: Schaeffer directly holds 83,068 shares following the reported transaction, including shares of restricted common stock that have not yet vested.
  • Indirect holdings: Schaeffer also holds 3,471 shares indirectly through an Employee Stock Ownership Plan (ESOP).
  • Reporting person role: Schaeffer is identified in the filing as SEVP and CIO of OceanFirst Bank.
  • Transaction code: The transaction is coded "S," indicating an open-market sale, with no Rule 10b5-1 plan box checked.

Schaeffer's August 2026 Common Stock Sale at OceanFirst Financial

According to the Form 4 filed with the SEC, Brian Schaeffer, identified as Senior Executive Vice President and Chief Information Officer of OceanFirst Bank, sold 5,500 shares of common stock in OceanFirst Financial Corp (NASDAQ:OCFC) on August 31, 2026. The shares were disposed of at a price of $18.905 per share, as reported in Table I of the filing.

Following the sale, the filing reports that Schaeffer directly owns 83,068 shares of common stock. The filing includes a footnote clarifying that this total includes shares of restricted common stock that have not yet vested. In addition to direct holdings, Schaeffer holds 3,471 shares indirectly through an ESOP. The filing notes that the ESOP-held shares reflect increases in beneficial ownership resulting from "exempt acquisitions pursuant to Rule 16b-3(c)."

The Form 4 was signed by Steven J. Tsimbinos under a Power of Attorney and filed on September 1, 2026, with the date of earliest transaction listed as August 31, 2026. No derivative securities transactions were reported in Table II of the filing. The box indicating a transaction made pursuant to a Rule 10b5-1(c) written plan was not checked.

What Was Disclosed

Brian Schaeffer, SEVP and CIO of OceanFirst Bank, reported the open-market sale of 5,500 shares of OceanFirst Financial Corp common stock at $18.905 per share on August 31, 2026, leaving him with 83,068 shares directly and 3,471 shares indirectly via ESOP.