secwatch.observer — SEC 8-K summary
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Issuer:     OCEANFIRST FINANCIAL CORP (OCFC)
CIK:        0001004702
Form:       8-K
Filed at:   2026-06-01T21:19:28+00:00
Accession:  0001193125-26-251758
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.90
Item codes: 1.01, 3.02, 2.01, 2.03, 3.03, 5.02, 5.03, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OceanFirst closes acquisition of Flushing Financial; issues shares to Warburg Pincus
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- Completed merger with Flushing Financial; each Flushing share converted into 0.85 shares of OceanFirst common stock.
- Issued approximately 29.30 million OceanFirst shares to Flushing stockholders as merger consideration.
- Warburg Pincus invested $225M for ~9.5M shares at $19.76/share and a warrant for up to 11.4M NVCE shares.
- Assumed $251.9M of Flushing subordinated debt, including 3.125% notes due 2031 and 6.000% notes due 2032.
- Board expanded to 17 members; John Buran appointed Non-Executive Chairman; six Flushing directors and Warburg's Todd Schell joined.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004702/000119312526251758/0001193125-26-251758-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004702/000119312526251758/d145829d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-251758

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