Peapack-Gladstone EVP files Form 3 with phantom stock awards

Rhea-AI Filing Summary

Peapack-Gladstone Financial Corp. (PGC) officer filed an initial Form 3 reporting beneficial ownership. The EVP, President New York disclosed two phantom stock awards economically equivalent to common stock: 25,000 shares and 12,121 shares, tied to an event date of 01/30/2025.

The 25,000-unit grant will cliff vest on the third anniversary of the grant date, subject to performance conditions. The 12,121-unit grant is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Corrado Andrew F.

Role EVP, President New York

Type	Security	Shares	Price	Value
holding	Phantom Stock	--	--	--
holding	Phantom Stock	--	--	--

Holdings After Transaction: Phantom Stock — 37,121 shares (Direct)

Footnotes (3)

1. F1. The phantom stock will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
2. F2. Each share of phantom stock is the economic equivalent of one share of common stock.
3. F3. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.

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Accepted by SEC EDGAR 11/07/2025 - 01:25 PM Learn about SEC filing dates

FAQ

What did PGC file and why does it matter?

An officer filed a Form 3, the initial statement of beneficial ownership, establishing baseline holdings for future reporting.

Who is the reporting person in PGC’s Form 3?

The filer is an EVP, President New York of Peapack-Gladstone Financial Corp.

What securities are reported in this Form 3 for PGC?

Two phantom stock awards economically equivalent to common stock: 25,000 and 12,121 shares.

When is the event date for the reported holdings?

The event date is 01/30/2025.

How do the phantom stock units vest?

One grant cliff vests on the third anniversary subject to performance; the other vests in three approximately equal annual installments.

What is the economic equivalence of each phantom stock unit?

Each phantom stock unit equals one share of common stock.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Corrado Andrew F.

(Last) (First) (Middle)

500 HILLS DRIVE, SUITE 300

PO BOX 700

(Street)

BEDMINSTER NJ 07921

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2025

3. Issuer Name and Ticker or Trading Symbol
PEAPACK GLADSTONE FINANCIAL CORP [ PGC ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, President New York

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Stock	(1)	(1)	Common Stock	25,000	(2)	D
Phantom Stock	(3)	(3)	Common Stock	12,121	(2)	D

Explanation of Responses:

1. The phantom stock will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.

2. Each share of phantom stock is the economic equivalent of one share of common stock.

3. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.

	/s/ Scott Brown, pursuant to power of attorney	11/07/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.