[Form 4] Peapack-Gladstone Financial Corp Insider Trading Activity
Insider Trade Summary
Net Buyer: 3,720 shares
Net Buy
10 txns
Insider
KENNEDY DOUGLAS L
Role
President & CEO
Bought
3,720 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,720 | $26.244 | $98K |
| holding | Restrictued Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Phantom Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,128.749 shares (Direct);
Restrictued Stock Units — 11,689 contracts (Direct);
Restricted Stock Units — 61,578 contracts (Direct);
Phantom Stock — 25,191 contracts (Direct);
Common Stock — 207,136 shares (Indirect, Rabbi Trust);
Common Stock — 18,493 shares (Indirect, 401(k));
Common Stock — 10,893.341 shares (Indirect, Employee Stock Purchase Plan)
Footnotes (12)
- F1. Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- F2. Includes 401(k) contributions used to purchase PGC stock.
- F3. Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
- F4. The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
- F5. The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
- F6. Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met.
- F7. The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.
- F8. Each share of phantom stock is the economic equivalent of one share of common stock.
- F9. The phantom stock is scheduled to vest in three approximately equal installments on each of the first three anniversaries of the grant date.
- F10. The phantom stock is scheduled to vest in five approximately equal installments on each of the first five anniversaries of the grant date.
- F11. Each share of phantom stock represents the right to receive the economic equivalent of one share of common stock subject to certain perfomance conditions. The phantom stock will cliff vest , after three years, if the conditions are met.
- F12. The phantom stock will cliff vest on the third annivesary of the grant date subject to certain performance conditions being satisfied.
AI-generated analysis. How Rhea-AI works. Not financial advice.