OceanFirst Financial CIO Sells 5,500 Shares at $18.91
OceanFirst Financial Corp.'s chief information officer sold 5,500 shares at $18.91 per share, for a total value of $104,005. The transaction represented 6% of the insider's equity stake held before the filing.
Why it matters — A watcher of OCFC would care because insider share sales can signal management sentiment about the company's stock.