Form 4: Pacific Premier Bancorp Inc: Officer Jakosky Reports Stock Transactions
SEC Form 4 Filing
Donn Jakosky, Sr. EVP & Chief Credit Officer of Pacific Premier Bancorp Inc, reports the disposition of 430 shares to cover tax liabilities related to vesting restricted stock awards.
Summary
- On March 31, 2025, Donn Jakosky, Sr. EVP & Chief Credit Officer of Pacific Premier Bancorp Inc, disposed of 430 shares of PPBI common stock at a price of $21.32.
- This transaction was to cover the tax liability associated with the vesting of restricted stock awards.
- Following the transaction, Jakosky directly owns 60,712 shares of PPBI, which includes 36,687 shares of restricted stock subject to a vesting schedule and potential forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a small number of shares being disposed of to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Disposition of 430 shares of PPBI common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Pacific Premier Bancorp, PPBI, Donn Jakosky, Stock Transaction, Insider Trading, Restricted Stock, Tax Liability
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