KENNEDY DOUGLAS L 4

4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Mar 24, 2025

Insider Transaction Report

Form 4

Period: 2025-03-20

PEAPACK GLADSTONE FINANCIAL CORPPGC

KENNEDY DOUGLAS L

DirectorChief Executive Officer

Transactions

Award
Restricted Stock Units
2025-03-20+11,689→ 11,689 total
→ Common Stock (11,689 underlying)
Sale
Common Stock
2025-03-21$28.79/sh−5,000$143,972→ 40,408.749 total
Tax Payment
Common Stock
2025-03-20$29.55/sh−1,788$52,835→ 45,408.749 total
Award
Restricted Stock Units
2025-03-20+17,534→ 43,742 total
→ Common Stock (17,534 underlying)

Holdings

Restricted Stock Units
→ Common Stock (17,836 underlying)
17,836
Common Stock
(indirect: By 401(k))
18,493
Phantom Stock
→ Common Stock (6,881 underlying)
6,881
Phantom Stock
→ Common Stock (15,482 underlying)
15,482
Common Stock
(indirect: Employee Stock Purchase Plan)
10,077.444
Phantom Stock
→ Common Stock (2,828 underlying)
2,828
Common Stock
(indirect: By Trust)
207,136

Footnotes (15)

[F1]Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units.
[F10]The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
[F11]Each share of phantom stock is the economic equivalent of one share of common stock.
[F12]The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
[F13]The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
[F14]Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met.
[F15]The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
[F2]The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dates November 22, 2024.
[F3]Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
[F4]Includes 401(k) contributions used to purchase PGC stock.
[F5]Includes shares received through dividend reinvestment since the last filing.
[F6]Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
[F7]The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
[F8]The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
[F9]Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met.

Documents

1 file

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ownership.xmlPrimary
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