Form 4: Pacific Premier Bancorp Inc. Executive Margaret S. Ohlhaver Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Margaret S. Ohlhaver, a Sr. EVP and Chief Human Resources Officer at Pacific Premier Bancorp Inc., reported the acquisition and disposal of PPBI common stock on March 15, 2025, according to a Form 4 filing with the SEC.
Summary
- On March 15, 2025, Margaret S. Ohlhaver, a Sr. EVP and Chief Human Resources Officer at Pacific Premier Bancorp Inc. (PPBI), reported transactions involving PPBI common stock.
- She acquired 12,299 shares of PPBI common stock at $0.
- Additionally, 2,951 shares were disposed of at $22.36 to cover tax liabilities related to the vesting of restricted stock awards.
- Following these transactions, Ohlhaver beneficially owns 34,823 shares of PPBI common stock, which includes 29,531 shares of restricted stock subject to a vesting schedule and potential forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock transactions by an executive, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their stock transactions and holdings in the company.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the stock transactions (acquisition and disposal). |
| 03/18/2025 | Date of signature on the Form 4 filing. |
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