Form 4: Pacific Premier Bancorp Inc: Officer Sherri V. Scott Reports Changes in Beneficial Ownership

Sherri V. Scott, a SrEVP and Chief Corp Resp Officer at Pacific Premier Bancorp Inc, reports a transaction involving the disposal of 72 shares to cover tax liabilities related to vesting restricted stock awards.

Summary

• On March 31, 2025, Sherri V. Scott, a SrEVP and Chief Corp Resp Officer at Pacific Premier Bancorp Inc, disposed of 72 shares of PPBI common stock to cover tax liabilities.
• The shares were sold at a price of $21.32 per share.
• Following the transaction, Scott directly owns 39,066 shares of PPBI common stock, which includes 28,381 shares of restricted stock subject to a vesting schedule and forfeiture conditions.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company officers and directors. This filing indicates a standard transaction related to tax obligations from vested equity.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Pacific Premier Bancorp, PPBI, Sherri V. Scott, Restricted Stock, Tax Liability, Transaction