OCEANFIRST FINANCIAL CORP - Ownership Filing
This filing concerns OCEANFIRST FINANCIAL CORP (OCFC) and details ownership changes and holdings. Several Warburg Pincus entities, including Warburg Pincus LLC, are listed as reporting persons, with each potentially deemed a director-by-deputization. Todd Schell became a director on June 1, 2026. The filing outlines the complex structure of the reporting entities, primarily investment partnerships and their general partners and managers, all managed by Warburg Pincus LLC. The filing also details the issuance of 1,812 shares of non-voting common equivalent stock to purchasers on June 1, 2026, and the existence of warrants exercisable for 11,386.64 shares of this stock. These warrants have an exercise price of $19,760 per share, a seven-year term, and can be exercised voluntarily after three years or under specific conditions, including market price thresholds or change of control events. Mandatory exercise is also stipulated if the common stock market price reaches $30 per share for a specified period. All reporting persons disclaim beneficial ownership except to the extent of their pecuniary interest.