Francesco S. Rossi - 20 Mar 2025 Form 4 Insider Report for PEAPACK GLADSTONE FINANCIAL CORP (PGC)

Role
SVP/Chief Accounting Officer
Signature
Francesco S. Rossi
Issuer symbol
PGC
Transactions as of
20 Mar 2025
Net transactions value
-$16,252
Form type
4
Filing time
24 Mar 2025, 12:02:37 UTC
Previous filing
17 Dec 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PGC Common Stock Tax liability $16,252 -550 -9.6% $29.55 5,204 20 Mar 2025 Direct F1, F2
holding PGC Common Stock 4,951 20 Mar 2025 Employee Stock Purchase Plan F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PGC Phantom Stock Award $0 +1,754 +118% $0.000000 3,240 20 Mar 2025 Common Stock 1,754 Direct F5, F6
holding PGC Restricted Stock Units 763 20 Mar 2025 Common Stock 763 Direct F3, F4
holding PGC Phantom Stock 255 20 Mar 2025 Common Stock 255 Direct F5, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
F2 Includes shares received through dividend reinvestment since the last filing.
F3 Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
F4 The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
F5 Each share of phantom stock is the economic equivalent of one share of common stock.
F6 The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
F7 The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.