Form 4: Peapack Gladstone Financial Corp: Officer Francesco S. Rossi Reports Changes in Beneficial Ownership

Francesco S. Rossi, SVP/Chief Accounting Officer of Peapack Gladstone Financial Corp, reports changes in beneficial ownership of common stock and derivative securities.

Summary

• On March 20, 2025, Francesco S. Rossi reported changes in beneficial ownership of Peapack Gladstone Financial Corp (PGC) stock.
• 550 shares of common stock were disposed of to satisfy tax withholding obligations at a price of $29.55 per share.
• Rossi directly owns 5,204.2675 shares of common stock following the transaction.
• Rossi indirectly owns 4,951.15 shares through the Employee Stock Purchase Plan.
• Rossi also reported the acquisition of 1,754 phantom stock units and holds 3,240 phantom stock units.
• Rossi holds 763 restricted stock units.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing 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 filing provides transparency to shareholders regarding insider transactions.
• The transactions are unlikely to have a significant impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

beneficial ownership, Form 4, Peapack Gladstone Financial Corp, PGC, Francesco S. Rossi, common stock, phantom stock, restricted stock units, insider trading