GRAMIGNA EDWARD A JR 4

What Happened

• Edward A. Gramigna Jr., a director of Peapack Gladstone Financial Corp. (PGC), had 2,419 restricted stock units (RSUs) vest on March 20, 2026; those RSUs converted into 2,419 shares and the same number were recorded as disposed. On the same date he was also granted 2,154 new RSUs that will vest on March 20, 2027. Transaction prices are reported as N/A (no dollar amounts provided).

Key Details

• Transaction date: March 20, 2026; Form filed March 23, 2026 (filed within the required two business days).
• Vesting/conversion: 2,419 RSUs from a March 20, 2025 grant vested and converted into 2,419 shares (reported as both acquired and disposed on the conversion).
• New grant: 2,154 RSUs granted March 20, 2026, vesting one year later (March 20, 2027).
• Prices/values: Not reported (N/A) in the filing.
• Shares owned after transaction: Not specified in this filing.
• Footnotes of note:
  • F2: The 2,419 RSUs were originally granted 3/20/2025 and vested 3/20/2026, converting one-for-one into shares.
  • F3: The 2,154 RSUs granted 3/20/2026 vest one year from grant and convert one-for-one on vesting.
  • F1: Ownership totals may include dividend reinvestment since the last filing.
  • F4: Some holdings are held indirectly through a rabbi trust under a non-qualified deferred compensation plan.

Context

• The pattern — RSUs vesting and the same number of shares being disposed on vesting — commonly reflects conversion on vesting with shares sold or withheld to cover taxes or other obligations, rather than an open-market investment decision. The new RSU grant is compensation that vests in one year. Such award/vesting activity is routine for insiders and does not, by itself, indicate a change in sentiment about the company.