Form 4: Pacific Premier Bancorp Inc. Executive Donn Jakosky Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Donn Jakosky, Sr. EVP & Chief Credit Officer of Pacific Premier Bancorp Inc., reports acquisition and disposal of PPBI common stock on March 15, 2024.
Summary
- On March 15, 2024, Donn Jakosky, Sr. EVP & Chief Credit Officer of Pacific Premier Bancorp Inc., reported changes in beneficial ownership of PPBI common stock.
- Jakosky acquired 11,057 shares of PPBI common stock at $0.
- He also disposed of 2,083 shares to cover tax liabilities at a price of $22.61 per share.
- Following these transactions, Jakosky beneficially owns 44,850 shares of PPBI common stock, including 27,887 shares of restricted stock subject to a vesting schedule and forfeiture conditions.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, and the transactions reported do not inherently indicate positive or negative sentiment. It's a neutral disclosure of information.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in the financial industry. It provides transparency to investors regarding the actions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock transactions.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of transaction: Acquisition of 11,057 shares and disposal of 2,083 shares. |
| 03/19/2024 | Date of signature for the report. |
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