Peapack-Gladstone (PGC) director reports RSU vesting, new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peapack-Gladstone Financial Corp director Anthony J. Consi reported routine equity compensation activity. On March 20, 2026, 1,675 restricted stock units granted on March 20, 2025 vested and were exercised, converting into 1,675 shares of common stock at no cash exercise price.
On the same date, he received a new grant of 1,491 restricted stock units, which each convert into one share of common stock upon vesting after one year. Following these transactions, he directly holds 110,435.692 shares of common stock and has an additional 1,309 shares held indirectly with his spouse as trustee. There were no open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,675 shares exercised/converted
Mixed
5 txns
Insider
CONSI ANTHONY J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,675 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 1,491 | $0.00 | -- |
| Exercise | Common Stock | 1,675 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock — 110,435.692 shares (Direct);
Common Stock — 1,309 shares (Indirect, Spouse Trustee)
Footnotes (1)
- On March 20, 2025, the reporting person was granted 1,675 restricted stock units (RSUs), vesting on the one year anniversary of the grant. Upon vesting, each RSU converts into one share of PGC common stock. On March 20, 2026, the reporting person was granted 1,491 restricted stock units (RSUs), vesting on the one year anniversary of the grant. Upon vesting, each RSU converts into one share of PGC common stock.
FAQ
What insider transactions did PGC director Anthony J. Consi report?
Anthony J. Consi reported routine equity compensation activity. 1,675 restricted stock units vested and converted into common shares, and he received a new grant of 1,491 restricted stock units, all at a zero exercise price and with no open-market trading activity disclosed.
What happened to the 1,675 PGC restricted stock units reported by Anthony J. Consi?
The 1,675 restricted stock units granted on March 20, 2025 vested on March 20, 2026 and were exercised, converting into 1,675 shares of Peapack-Gladstone common stock, as described in the footnote explaining the one-year vesting and one-for-one share conversion feature.
What new restricted stock units did PGC grant to Anthony J. Consi?
On March 20, 2026, Anthony J. Consi received a grant of 1,491 restricted stock units. The footnotes state these RSUs vest on the one-year anniversary of the grant and each unit converts into one share of Peapack-Gladstone common stock upon vesting, with no stated exercise price.
How are Anthony J. Consi’s indirect PGC holdings structured in this Form 4?
The filing lists 1,309 shares of Peapack-Gladstone common stock as indirect holdings with the nature of ownership noted as “Spouse Trustee.” These entries are labeled as holdings rather than transactions, indicating an existing position associated with his spouse’s trustee role.