---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-002449"
form_type: "8-K"
ticker: "FFIC"
cik: "0000923139"
company_name: "FLUSHING FINANCIAL CORP"
filed_at: "2026-01-05T23:59:59+00:00"
generated_at: "2026-05-16T11:46:33.634268+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# Flushing Financial to merge with OceanFirst; 0.85 exchange ratio; Warburg invests $225M

## Summary
- Each Flushing share converts to 0.85 OceanFirst share; all-stock transaction.
- Warburg Pincus invests $225M in OceanFirst at $19.76/share concurrent with merger close.
- Expected closing in Q2 2026, subject to stockholder and regulatory approvals.
- Termination fees: ~$21.4M from either party; ~$46.3M from OceanFirst if Warburg investment fails.
- Retention awards: CEO Buran $1.8M; EVPs Grasso $875K, Korzekwinski $750K.

## SEC filing metadata
- accession: 0001193125-26-002449
- form_type: 8-K
- ticker: FFIC
- cik: 0000923139
- company_name: FLUSHING FINANCIAL CORP
- filed_at: 2026-01-05T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/923139/000119312526002449/0001193125-26-002449-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/923139/000119312526002449/d80950d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-002449
- JSON: https://secwatch.observer/filing/0001193125-26-002449.json
- Plain text: https://secwatch.observer/filing/0001193125-26-002449.txt

## Key facts
- Material Agreements
  FLUSHING FINANCIAL CORP entered into Agreement and Plan of Merger with OceanFirst Financial Corp. (effective 2025-12-29).
  - Action: entry
  - Agreement: merger
  - Counterparty: OceanFirst Financial Corp.
  - Effective: 2025-12-29
  source text: On December 29, 2025, Flushing Financial Corporation, a Delaware corporation (“Flushing”), OceanFirst Financial Corp., a Delaware corporation (“OceanFirst”), and Apollo Merger Sub Corp., a Delaware corporation and wholly-owned subsidiary of OceanFirst (“Merger Sub”), entered into an Agreement and Plan of Merger (the “Merger Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/923139/000119312526002449/0001193125-26-002449-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.