Form 4: Pacific Premier Bancorp Executive Reports Stock Transaction

Steven R. Arnold, General Counsel & Corp. Sec. of Pacific Premier Bancorp, reports disposition of shares to cover tax liability and ongoing ownership of restricted stock and options.

Summary

• On March 31, 2025, Steven R. Arnold, General Counsel & Corp. Sec. of Pacific Premier Bancorp Inc. (PPBI), reported a transaction involving PPBI common stock.
• 508 shares were disposed of at a price of $21.32 to cover tax liabilities related to the vesting of restricted stock awards.
• Following the transaction, Arnold directly owns 51,042 shares of PPBI, including 28,831 shares of restricted stock subject to a vesting schedule.
• Arnold also owns options on 5,000 shares of PPBI common stock with an exercise price of $21.54, vesting in three equal annual installments beginning March 9, 2017.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to insider stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock ownership changes.

Industry Context

Form 4 filings are standard practice and provide transparency into the trading activities of company insiders, which is important for maintaining investor confidence in the fairness of the market.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

PPBI, Pacific Premier Bancorp, Form 4, Insider Trading, Stock Transaction, Beneficial Ownership, Steven R. Arnold, Restricted Stock, Options