Chalkan Lisa 4
4 · PEAPACK GLADSTONE FINANCIAL CORP · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
Peapack Gladstone (PGC) EVP Lisa Chalkan Sells 1,100 Shares
What Happened
Lisa Chalkan, EVP and Chief Credit Officer of Peapack Gladstone Financial Corp (PGC), disposed of 1,100 shares in an open-market or private sale on June 29, 2026. The shares were sold at $47.60 each, for total proceeds of $52,360. This was a sale (not a purchase) and therefore is generally a routine insider disposition rather than a direct bullish signal.
Key Details
- Transaction date and price: 2026-06-29 at $47.60 per share (total $52,360).
- Transaction type: Sale (code S) — open market or private sale.
- Shares owned after transaction: Not specified in the provided filing.
- Filing date: 2026-06-30 (covers the 2026-06-29 transaction) — appears to be timely.
- Notable footnotes in the filing (summary):
- F1/F2/F3/F4/F5: Multiple past RSU grants (from 2023–2026) with various vesting schedules; vested RSUs convert 1:1 into common shares when they vest.
- F6/F7: Phantom stock grants (2024) that vest over time or upon performance; phantom shares are economically equivalent to common stock upon vesting.
- The filing does not specify whether the sold shares were previously vested RSUs, phantom-share payouts, or shares acquired separately.
Context:
- Sales by executives can be for many reasons (diversification, tax planning, personal liquidity); a single sale is not definitive evidence of company prospects.
- The filing shows prior equity awards and outstanding long-term incentive grants (RSUs and phantom shares) that may vest in future years; those grants explain ongoing insider exposure to company stock even after this sale.
Insider Transaction Report
Form 4
Chalkan Lisa
EVP, Chief Credit Officer
Transactions
- Sale
Common Stock
2026-06-29$47.60/sh−1,100$52,360→ 26,075 total
Holdings
- 501.42(indirect: By 401(k))
Common Stock
- 3,266
Restricted Stock Units
[F1]→ Common Stock (3,266 underlying) - 5,785
Restricted Stock Units
[F2]→ Common Stock (5,785 underlying) - 3,120
Restricted Stock Units
[F3]→ Common Stock (3,120 underlying) - 1,633
Restricted Stock Units
[F4]→ Common Stock (1,633 underlying) - 1,928
Restricted Stock Units
[F5]→ Common Stock (1,928 underlying) - 2,113
Phantom Stock
[F6]→ Common Stock (2,113 underlying) - 2,112
Phantom Stock
[F7]→ Common Stock (2,112 underlying)
Footnotes (7)
- [F1]On March 20, 2025, the reporting person was granted 4,899 restricted stock units (RSUs), vesting in three equal annual installments beginning on March 20, 2026. Upon vesting, each RSU converts into one share of PGC common stock.
- [F2]On March 20, 2026, the reporting person was granted 5,785 restricted stock units (RSUs), vesting in three equal annual installments beginning on March 20, 2027. Upon vesting, each RSU converts into one share of PGC common stock.
- [F3]On March 20, 2023, the reporting person was granted 7,800 restricted stock units (RSUs), vesting in five equal annual installments beginning on March 20, 2024. Upon vesting, each RSU converts into one share of PGC common stock.
- [F4]On March 20, 2025, the reporting person was granted 1,633 restricted stock units (RSUs), vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each RSU converts into one share of PGC common stock.
- [F5]On March 20, 2026, the reporting person was granted 1,928 restricted stock units (RSUs), vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each RSU converts into one share of PGC common stock.
- [F6]On March 20, 2024, the reporting person was granted 6,337 phantom stock shares, vesting in three equal annual installments beginning on March 20, 2025. Upon vesting, each phantom share is the economic equivalent of one share of common stock.
- [F7]On March 20, 2024, the reporting person was granted 2,112 phantom stock shares, vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each phantom share is the economic equivalent of one share of common stock.
Signature
Lisa Chalkan|2026-06-30