Insider Sale by Schaeffer Brian (SEVP & CIO, OceanFirst Bank)
Trade Summary
3 days ago, Schaeffer Brian, serving as SEVP & CIO, OceanFirst Bank at OCEANFIRST FINANCIAL CORP (OCFC), sold 5,500 shares at $18.91 per share, for a total transaction value of $103,977.50. Following this transaction, Schaeffer Brian now holds 83,068 shares of OCFC.
This sale represents a 6.21% decrease in Schaeffer Brian's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, August 31, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, September 1, 2026 at 1:39 PM ET, 1 day after the trade was made.
OCEANFIRST FINANCIAL CORP operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$18.91
Quantity
5,500
Total Value
$103,977.50
Shares Owned
83,068
Trade Date
3 days ago
SEC Filing Date
at 1:39 PM ET
Filed 1 day after trade
Discussion