Form 4: Pacific Premier Bancorp Director George M. Pereira Reports Changes in Beneficial Ownership

Director George M. Pereira reports acquisition and disposal of Pacific Premier Bancorp stock, including restricted stock, on March 15, 2024.

Summary

• On March 15, 2024, George M. Pereira, a director of Pacific Premier Bancorp Inc. [PPBI], reported changes in beneficial ownership of the company's common stock.
• Pereira acquired 3,317 shares of PPBI common stock.
• These shares were acquired at a price of $0.
• Pereira also disposed of shares.
• Following these transactions, Pereira beneficially owns 8,359 shares of PPBI common stock.
• The reported transactions include restricted stock that vests in full on the first anniversary of the grant date and is subject to forfeiture under certain conditions.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the document simply reports transactions by a company director, without indicating any strong positive or negative outlook.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. These filings are closely watched by investors for signals about management's confidence in the company's prospects.

Key Dates