Form 4: Pacific Premier Bancorp Officer Reports Stock Transactions
SEC Form 4 Filing
Tamara Wendoll, President of Pacific Premier Trust, reports acquisition and disposal of PPBI common stock on March 15, 2024, according to a Form 4 filing.
Summary
- On March 15, 2024, Tamara Wendoll, President of Pacific Premier Trust, reported transactions involving Pacific Premier Bancorp Inc. (PPBI) common stock.
- Wendoll acquired 9,951 shares of PPBI common stock at a price of $0.
- She also disposed of 896 shares at $22.61 to cover tax liabilities related to vesting of restricted stock awards.
- Following these transactions, Wendoll beneficially owns 24,109 shares of PPBI common stock, including 21,078 shares of restricted stock subject to a vesting schedule and potential forfeiture.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of stock acquisition and disposal transactions. |
| 03/19/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.