OCEANFIRST FINANCIAL CORP 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information for Common Stock OceanFirst Financial Corp.’s common stock is traded on the NASDAQ Global Select Market under the symbol OCFC. As of February 21, 2022, there were 2,739 common stockholders of record. Stock Performance Graph The following graph shows a comparison of total stockholder return on OceanFirst Financial Corp.’s common stock, based on the market price of the Company’s common stock with the cumulative total return of companies in the NASDAQ Composite Index and the KBW Regional Banking Index for the period from December 31, 2016 through December 31, 2021. The graph may not be indicative of possible future performance of the Company’s common stock. Cumulative return assumes the reinvestment of dividends and is expressed in dollars based on an initial investment of $100. Period Ending Index 12/31/16 12/31/17 12/31/18 12/31/19 12/31/20 12/31/21 OceanFirst Financial Corp. $100.00 $89.33 $78.39 $91.48 $69.43 $85.49 NASDAQ Composite Index 100.00 129.64 125.96 172.18 249.51 304.85 KBW Regional Banking Index 100.00 101.75 83.95 103.94 94.89 129.65 For each of the years ended December 31, 2021 and 2020, the Company paid an annual cash dividend of $0.68 per share. On December 18, 2019, the Company announced the authorization by the Board of Directors to repurchase up to an additional 5% of the Company’s outstanding common stock, or 2.5 million shares. The repurchase plan has no expiration date. On February 28, 2020, the Company suspended its repurchase activity in light of the COVID-19 pandemic, and subsequently recommenced repurchases in February 2021. On June 25, 2021, the Company announced the authorization to repurchase up to an additional 5% of the Company’s outstanding common stock, or 3.0 million shares. The Company repurchased 251,475 shares of its common stock during the quarter ended December 31, 2021. At December 31, 2021, there were 3,307,661 shares available for repurchase. 36 Period Total Number of Shares Purchased Average Price Paid per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs October 1, 2021 through October 31, 2021 — — — 3,559,136 November 1, 2021 through November 30, 2021 107,775 $ 21.78 107,775 3,451,361 December 1, 2021 through December 31, 2021 143,700 21.46 143,700 3,307,661 Item 6. Reserved 37