Peapack-Gladstone Finl Corp SEC Filings

Edward A. Gramigna Jr., a director of Peapack-Gladstone Financial Corporation (PGC), reported a sale of common stock on 09/29/2025 at a price of $28.22 per share. The filing shows a reported sale transaction and discloses the reporting person’s remaining holdings: 8,334.0751 shares owned directly after the sale and 17,836 shares held indirectly in a rabbi trust under a non‑qualified deferred compensation plan. The report also discloses 2,419 restricted stock units that represent contingent rights to one share each and vest and settle in stock on the first anniversary of the grant date.

Peapack-Gladstone Financial Corporation (PGC) insider Lisa Chalkan reported a share sale and disclosed existing equity awards. The filing shows a sale of 2,500 shares of common stock on 09/18/2025 at a price of $29.652 per share, leaving Ms. Chalkan with 23,602 shares directly owned. The filing also indicates an indirect holding of 497.96 shares through a 401(k). In addition to direct share ownership, the report lists multiple equity awards: restricted stock, restricted stock units, and phantom stock grants that vest on varying schedules and, in some cases, are subject to performance conditions. The form is signed and dated 09/19/2025.

Form 144 notice for proposed sale of 2,500 common shares reports a brokered sale on NASDAQ with an aggregate market value of $74,129.01 and approximately 17,648,471 shares outstanding. The filing records two lots of the same class acquired as restricted stock vesting: 990 shares on 03/11/2017 and 1,510 shares on 03/20/2025, both listed as compensation. The approximate sale date is 09/18/2025 and the broker is Fidelity Brokerage Services LLC, 900 Salem Street, Smithfield RI 02917. The filer states there were no securities sold in the past three months to report and includes the standard representation that the seller is unaware of undisclosed material adverse information.

Gregory M. Smith, Senior Executive Vice President and President of Commercial Banking at Peapack-Gladstone Financial Corp (PGC) reported a sale of 3,200 shares of the issuer's common stock on 09/15/2025 at a price of $29.15 per share, leaving him with 5,426.8051 shares beneficially owned following the transaction. The filing also discloses multiple outstanding restricted stock units and phantom stock awards that convert to or mirror common shares: 4,922, 7,822 and 19,078 RSUs under different vesting schedules and 3,602, 754 and 8,103 phantom stock units with time- and performance-based vesting conditions. The explanation clarifies that some RSUs vest in three or five approximately equal annual installments, while certain awards cliff-vest after three years subject to performance conditions. The Form 4 is signed by Mr. Smith on 09/17/2025.

Form 144 Notice: The filer intends to sell 3,200 shares of common stock of the issuer through Fidelity Brokerage Services LLC on or about 09/15/2025 on NASDAQ. The filing lists an aggregate market value of $93,281.28 and reports 17,648,471 shares outstanding. The shares were acquired on 03/20/2025 from the issuer as restricted stock vesting and were paid as compensation. The filer certifies they are not aware of undisclosed material adverse information and includes the standard signature/attestation language.

Peapack-Gladstone Financial Corp filed a Form 13F for the quarter ended 06-30-2025, reporting 1,181 entries in its holdings information table with a total market value of $7,067,341. The submission lists no other included managers and is reported as a 13F holdings report signed on the company’s behalf.

Peapack-Gladstone Financial Corp. (PGC) delivered modest year-over-year improvements for Q2 2025. Net income rose 5.5% to $7.9 MM ($0.45 diluted EPS) as stronger net interest income more than offset higher provisioning and expenses. Total interest income climbed 13% to $89.7 MM, while interest expense fell 6% to $41.4 MM, driving a 38% jump in pre-provision net interest income to $48.3 MM. The provision for credit losses increased to $6.6 MM (vs. $3.9 MM), lifting the allowance to $81.8 MM (1.41% of loans).

Loans expanded 5.6% since year-end to $5.82 B, with net loans at $5.74 B. Deposits grew 3.8% to $6.36 B, supported by a $125 MM gain in non-interest demand balances. Subordinated debt decreased $34.6 MM after a repayment, contributing to lower interest expense. Asset quality remained stable; nonaccrual details were not disclosed, but elevated provisioning signals caution.

Operating expenses rose 20% to $51.9 MM, largely from compensation (+21%). Wealth-management fee income, the bank’s key non-interest revenue stream, slipped 2.9% to $15.9 MM but remains 74% of other income. Tangible book value improved to $35.7/share as shareholders’ equity increased 4% to $629.8 MM and accumulated OCI losses narrowed by $10.8 MM.

Liquidity stayed solid: cash & equivalents were $315.6 MM and securities $866.2 MM. Cash dividends totaled $0.05/share for the quarter; 100k shares were repurchased. Shares outstanding were 17.65 MM at 8/1/25.