Form 4: Pacific Premier Bancorp Director Thomas Transfers Shares to Family Trust

Director Richard C. Thomas reports changes in beneficial ownership of Pacific Premier Bancorp stock, including a transfer of shares to a family trust.

Summary

• Richard C. Thomas, a director of Pacific Premier Bancorp Inc. (PPBI), filed a Form 4 detailing changes in his beneficial ownership of PPBI common stock.
• On March 15, 2025, Thomas acquired 3,801 shares of restricted stock.
• On March 18, 2025, Thomas transferred 3,317 directly owned shares of PPBI common stock to The Barbara J. Thomas, Richard Thomas UA 10-11-1996 Richard and Barbara Thomas Family Trust.
• Following these transactions, Thomas directly owns 3,801 shares and indirectly owns 19,061 shares through the family trust.
• Thomas shares voting and dispositive control over shares held by the Trust.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.

Related Party Transactions

• The transfer of shares to The Barbara J. Thomas, Richard Thomas UA 10-11-1996 Richard and Barbara Thomas Family Trust constitutes a related party transaction.

Stakeholder Impact

• The transaction itself is unlikely to have a significant impact on stakeholders, as it is a transfer of shares and not a sale to the open market.
• However, transparency in insider transactions is important for maintaining investor confidence.

Key Dates