Form 4: Pacific Premier Bancorp Director Sarrafian Reports Acquisition and Disposal of Shares
SEC Form 4 Filing
Director Zareh Hovik Sarrafian reports acquiring and disposing of Pacific Premier Bancorp shares on March 15, 2025.
Summary
- On March 15, 2025, Zareh Hovik Sarrafian, a director of Pacific Premier Bancorp Inc. (PPBI), reported a transaction involving PPBI common stock.
- Sarrafian acquired 3,801 shares of PPBI common stock.
- Sarrafian also disposed of shares.
- Following the reported transactions, Sarrafian beneficially owns 47,474 shares of PPBI common stock, which includes 3,801 shares of restricted stock subject to a vesting schedule.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in the financial industry. Investors often monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction may be of interest to shareholders as it provides insight into the actions of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the earliest transaction involving PPBI common stock. |
| 03/18/2025 | Date of signature for the Form 4 filing. |
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