Form 4: Pacific Premier Bancorp Inc. Executive Margaret S. Ohlhaver Reports Changes in Beneficial Ownership

Margaret S. Ohlhaver, a Sr. EVP and Chief Human Resources Officer at Pacific Premier Bancorp Inc., reported a transaction involving the withholding of shares to cover tax liabilities related to vesting restricted stock awards.

Summary

• On March 31, 2025, Margaret S. Ohlhaver, Sr. EVP, Chf Human Res. Officer of Pacific Premier Bancorp Inc. [PPBI], had 251 shares of PPBI Common Stock withheld to cover tax liabilities.
• The shares were withheld at a price of $21.32.
• Following the transaction, Ohlhaver directly owns 34,572 shares of PPBI Common Stock, which includes 28,831 shares of restricted stock subject to a vesting schedule and forfeiture conditions.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices; it doesn't inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and their holdings in the company's stock. This filing indicates a standard transaction related to the vesting of restricted stock and the associated tax obligations.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it involves a small number of shares being withheld for tax purposes.

Key Dates

Keywords

beneficial ownership, Pacific Premier Bancorp, PPBI, Form 4, executive compensation, restricted stock, tax liability, Ohlhaver