Form 4: Pacific Premier Bancorp Director Executes Option, Transfers Shares to Family Trust

Jeff C. Jones, a director at Pacific Premier Bancorp, exercised options and transferred shares to The Jones Family Trust.

Summary

• On October 28, 2024, Jeff C. Jones, a director of Pacific Premier Bancorp Inc. (PPBI), exercised options to acquire 7,500 shares of PPBI common stock at a price of $15.16 per share.
• Following this transaction, Jones directly owns 15,992 shares of PPBI common stock.
• On October 29, 2024, Jones transferred 7,500 directly owned shares of PPBI common stock to The Jones Family Trust.
• After the transfer, Jones directly owns 8,492 shares and indirectly owns 131,294 shares through The Jones Family Trust.
• The Jones Family Trust U/A is dated 11-15-2013, with Jeff C. Jones and Allison Jones as Co-Trustees, sharing voting and dispositive control over the shares held by the Trust.

Sentiment

Score: 5

Explanation: The document reflects standard insider transactions, with no indication of positive or negative sentiment.

Industry Context

This filing reflects routine transactions by a company insider and provides transparency regarding their holdings in the company. It is typical for directors and officers to have stock options and to manage their holdings for personal financial planning purposes.

Related Party Transactions

• The transfer of 7,500 shares to The Jones Family Trust is a related party transaction.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they represent a small portion of the overall outstanding shares.

Key Dates