Chalkan Lisa 4

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.