Form 4: Pacific Premier Bancorp Executive Reports Stock Transactions
SEC Form 4 Filing
Donn Jakosky, Sr. EVP & Chief Credit Officer of Pacific Premier Bancorp, reports acquisition and disposal of PPBI common stock.
Summary
- On March 15, 2025, Donn Jakosky acquired 12,299 shares of PPBI common stock at $0.
- On the same date, Jakosky disposed of 3,078 shares of PPBI common stock at $22.36 to cover tax liabilities related to vesting of restricted stock awards.
- Following these transactions, Jakosky beneficially owns 61,142 shares of PPBI common stock, including 37,887 shares of restricted stock subject to vesting and forfeiture conditions.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by an executive. The transactions themselves don't necessarily indicate a positive or negative outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor potential insider trading activity and assess management's confidence in the company's prospects.
Stakeholder Impact
- Shareholders can use this information to understand insider trading activity.
- Employees may be interested in the stock transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock acquisition and disposal |
| 03/18/2025 | Date of signature |
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