Form 4: Director Campion Boosts PGC Stake with Stock & RSUs

Peapack Gladstone Financial Corp. Director Patrick Campion reported acquiring common stock and receiving a grant of restricted stock units.

Summary

• Director Patrick Campion acquired 1,429.602 shares of Peapack Gladstone Financial Corp. common stock at a price of $34.97 per share on March 30, 2026.
• Following this acquisition, Campion's direct beneficial ownership of common stock increased to 3,104.602 shares.
• Campion was granted 1,491 restricted stock units (RSUs) on March 20, 2026, which are scheduled to vest on the one-year anniversary of the grant.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a director's acquisition of shares and receipt of performance-based units typically indicates confidence in the company's future and aligns interests with shareholders.

Positives

• Director Patrick Campion increased his direct beneficial ownership of common stock, signaling confidence in the company's valuation and future prospects.
• The grant of 1,491 restricted stock units aligns the director's long-term interests with shareholder value through future vesting.

Future Outlook

The 1,491 restricted stock units granted to Director Campion are scheduled to vest on March 20, 2027, aligning his future compensation with the company's performance and providing a future incentive.

Industry Context

StockSavvy.ai notes that insider buying, particularly by a director, often signals management's confidence in the company's future prospects and can be viewed positively by the market, suggesting an belief that the stock is undervalued or poised for growth.

Stakeholder Impact

• Shareholders may interpret the director's increased stake as a positive indicator of management's belief in the company's future performance and value.

Next Steps

• The 1,491 restricted stock units granted to Director Campion are scheduled to vest on March 20, 2027.

Key Dates

Recommendation

The director's acquisition of additional common stock and the grant of restricted stock units suggest confidence in the company's future. However, this single transaction, while positive, does not provide sufficient information to warrant a 'buy' or 'sell' recommendation without a broader financial analysis of the company's fundamentals and market conditions.

Keywords

PGC, Peapack Gladstone Financial Corp, Insider Trading, Director Stock Acquisition, Restricted Stock Units, Beneficial Ownership, Form 4