Form 4: Pacific Premier Bancorp Director Jeff C. Jones Reports Changes in Beneficial Ownership
SEC Form 4
Director Jeff C. Jones reports acquisition and disposal of Pacific Premier Bancorp (PPBI) stock, including transfers to The Jones Family Trust and adjustments to previously reported holdings.
Summary
- On March 15, 2025, Jeff C. Jones acquired 3,801 shares of PPBI common stock.
- Jones also reported adjustments to previously reported holdings, correcting an overreporting of 75 shares and including 6,000 shares held by his spouse as indirectly beneficially owned.
- On March 18, 2025, Jones transferred 3,317 shares of PPBI common stock to The Jones Family Trust, where he and Allison Jones serve as Co-Trustees.
- Following these transactions, Jones directly owns 8,901 shares and indirectly owns 134,611 shares through The Jones Family Trust and 6,000 shares through his spouse.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing reflecting changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders.
Related Party Transactions
- The transfer of 3,317 shares to The Jones Family Trust, of which Jeff C. Jones is a Co-Trustee, constitutes a related party transaction.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 11-15-2013 | Date of The Jones Family Trust U/A |
| 03/15/2025 | Acquisition of 3,801 shares of PPBI common stock |
| 03/18/2025 | Transfer of 3,317 shares to The Jones Family Trust |
| 03/18/2025 | Date of report signature |
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