[Form 4] PEAPACK GLADSTONE FINANCIAL CORP Insider Trading Activity

Rhea-AI Filing Summary

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.

Positive

• Continued ownership: Reporting person retains 8,334.0751 shares directly after the sale, indicating ongoing equity exposure.
• Deferred compensation alignment: 17,836 shares held in a rabbi trust and 2,419 restricted stock units align the director’s interests with shareholders over time.

Negative

• Insider sale reported: A sale of common stock occurred on 09/29/2025 at $28.22 per share, which reduces the director’s direct stake.

Insights

Financial Analyst

TL;DR: Routine insider sale; director retains meaningful direct and indirect holdings and has deferred compensation RSUs.

The Form 4 documents an open‑market sale reported on 09/29/2025 at $28.22 per share by a company director. Post‑transaction, the director retains 8,334.0751 shares directly and 17,836 shares indirectly via a rabbi trust, plus 2,419 restricted stock units that convert to shares on their one‑year vesting date. This combination of direct, indirect, and deferred holdings indicates ongoing economic exposure to PGC while the sale reduces a portion of direct holdings. The filing contains no information on the number of shares sold or total proceeds beyond the per‑share price, so the absolute size of the sale cannot be assessed from this document alone.

Corporate Governance Expert

TL;DR: Disclosure is consistent with Section 16 reporting; sale and deferred compensation are clearly identified.

The disclosure identifies the reporting person as a director and indicates holdings held indirectly in a rabbi trust pursuant to a non‑qualified deferred compensation plan and restricted stock units with a one‑year settlement schedule. The Form 4 appears complete for the transactions disclosed: it specifies transaction date, transaction code, price, and post‑transaction beneficial ownership. No amendment or additional explanatory schedules are attached. From a governance perspective, the combination of a sale and retention via deferred compensation is a common executive compensation and liquidity pattern and is properly reported here.

SEC Form 4

FORM 4

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

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

GRAMIGNA EDWARD A JR

(Last) (First) (Middle)

500 HILLS DRIVE, SUITE 300

PO BOX 700

(Street)

BEDMINSTER NJ 07921

(City) (State) (Zip)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/29/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/29/2025		S		2	D	$28.22	8,334.0751	D
Common Stock								17,836	I	Rabbi Trust(1)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(2)							(3)	(3)	Common Stock	2,419		2,419	D

Explanation of Responses:

1. Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.

2. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.

3. The restricted stock units vest and settle in stock on the first anniversary of the grant date.

	Edward Gramigna, Jr.	09/30/2025
	** 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 4 (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.

FAQ

What transaction did Edward A. Gramigna Jr. report on Form 4 for PGC?

The Form 4 reports a sale of common stock on 09/29/2025 at a price of $28.22 per share.

How many PGC shares does the reporting person own after the transaction?

The filing shows 8,334.0751 shares owned directly following the reported transaction.

Does the Form 4 disclose any indirect holdings or deferred compensation for PGC?

Yes. The reporting person holds 17,836 shares indirectly in a rabbi trust under a non‑qualified deferred compensation plan and 2,419 restricted stock units that vest and settle in stock on the first anniversary of the grant.

When will the restricted stock units reported by the director convert to shares?

Each restricted stock unit vests and settles in common stock on the first anniversary of the grant date, per the filing.

Is there information about the number of shares sold or total proceeds in the filing?

The Form 4 provides the transaction date and price ($28.22), but it does not explicitly list the exact number of shares sold or total gross proceeds in a clearly labeled field.