OceanFirst Financial OCFC Employee Stock Ownership Plan ESOP Number Of Allocated Shares
Employee Stock Ownership Plan ESOP Number Of Allocated Shares at other companies
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Where this comes from
Reported directly by OceanFirst Financial in its filing.
Tagged under the XBRL concept us-gaap:EmployeeStockOwnershipPlanESOPNumberOfAllocatedShares.
The source filing: OceanFirst Financial’s 10-K, filed February 27, 2026.
- Filed
- Feb 27, 2026, 4:27 PM EST
- Fiscal year
- FY2025
- Accession
- 0001004702-26-000015
For the years ended December 31, 2025, 2024 and 2023, the Bank recorded compensation expense related to the ESOP of $1.2 million, $1.1 million and $2.1 million, respectively, which included $74,000, $124,000 and $341,000 related to a decrease in compensation to reflect the decrease in the average fair value of shares committed to be released and allocated shares below the Bank’s cost. As of December 31, 2025, 2,951,395 shares had been allocated to participants and 65,719 shares were committed to be released for services rendered in 2025.
Item 8. Financial Statements and Supplementary Data
FAQ
- What is OceanFirst Financial's employee stock ownership plan ESOP number of allocated shares?
- OceanFirst Financial (OCFC) reported employee stock ownership plan ESOP number of allocated shares of $2.95M in Q4 2025.
- How has OceanFirst Financial's employee stock ownership plan ESOP number of allocated shares changed year-over-year?
- OceanFirst Financial's employee stock ownership plan ESOP number of allocated shares increased by 2.3% year-over-year, from $2.89M to $2.95M.
- What is the long-term trend for OceanFirst Financial's employee stock ownership plan ESOP number of allocated shares?
- Over 5 years (2020 to 2025), OceanFirst Financial's employee stock ownership plan ESOP number of allocated shares has grown at a 3.6% compound annual growth rate (CAGR), from $2.48M to $2.95M.
- What does employee stock ownership plan ESOP number of allocated shares mean?
- Employee Stock Ownership Plan ESOP Number Of Allocated Shares as reported by OceanFirst Financial Corp.
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