Form 4: Pacific Premier Bancorp Director Stephanie Hsieh Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Stephanie Hsieh reports acquisition and disposal of Pacific Premier Bancorp (PPBI) common stock, including transfers to a revocable trust.
Summary
- On March 15, 2024, Stephanie Hsieh acquired 3,317 shares of PPBI common stock.
- On March 19, 2024, Hsieh transferred 3,011 directly owned shares of PPBI common stock to The Stephanie Hsieh Revocable Trust dated 8/30/2016.
- Following these transactions, Hsieh directly owns 3,317 shares and indirectly owns 5,095 shares through the trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for directors and officers of publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership structure, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 8/30/2016 | Date of The Stephanie Hsieh Revocable Trust |
| 03/15/2024 | Acquisition of 3,317 shares of PPBI common stock |
| 03/19/2024 | Transfer of 3,011 shares of PPBI common stock to The Stephanie Hsieh Revocable Trust |
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