Peapack-Gladstone (PGC) director Steven Kass exercises RSUs and receives new award

Rhea-AI Filing Summary

PEAPACK GLADSTONE FINANCIAL CORP director Steven A. Kass reported equity compensation activity, including an RSU vesting and a new grant. On March 20, 2026, he exercised 2,978 restricted stock units, which converted into 2,978 shares of common stock at $0.00 per share, reflecting a prior RSU grant that vested after one year.

On the same date, Kass received a new award of 2,652 restricted stock units that will each convert into one share of common stock upon vesting after one year. Following these transactions, he holds 16,238 common shares indirectly through a rabbi trust, 3,595 shares directly, 2,500 shares indirectly through a family partnership, and 1,000 shares indirectly through his spouse. These are compensation and holding updates rather than open-market purchases or sales.

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

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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).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KASS STEVEN A

(Last) (First) (Middle)

500 HILLS DRIVE, SUITE 300

PO BOX 700

(Street)

BEDMINSTER NEW JERSEY 07921

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

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

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

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

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								3,595	D
Common Stock								2,500	I	By family partnership
Common Stock								1,000	I	By spouse
Common Stock	03/20/2026		M		2,978	A	(1)	16,238(2)	I	Rabbi Trust(3)

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	(1)	03/20/2026		M			2,978	(1)	(1)	Common Stock	2,978	(1)	0	D
Restricted Stock Units	(4)	03/20/2026		A		2,652		(4)	(4)	Common Stock	2,652	(4)	2,652	D

Explanation of Responses:

1. On March 20, 2025, the reporting person was granted 2,978 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.

2. Includes shares received through dividend reinvestment since the last filing.

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

4. On March 20, 2026, the reporting person was granted 2,652 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.

	Steven A. Kass	03/23/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did Steven A. Kass report for PGC on March 20, 2026?

Steven A. Kass exercised 2,978 RSUs into common stock and received 2,652 new RSUs. The vesting RSUs converted into 2,978 PGC common shares at $0.00 per share, while the new 2,652-unit grant represents additional deferred equity compensation.

Were there any open-market buys or sells in the PGC Form 4 filed by Steven A. Kass?

No open-market purchases or sales were reported in this PGC Form 4. The filing shows an exercise of 2,978 restricted stock units into common shares and a grant of 2,652 new RSUs, both categorized as equity compensation rather than market trades.

How many PEAPACK GLADSTONE (PGC) shares does Steven A. Kass hold after these transactions?

After the reported transactions, Steven A. Kass holds multiple PGC positions. He owns 3,595 common shares directly, 16,238 shares indirectly through a rabbi trust, 2,500 shares through a family partnership, and 1,000 shares indirectly via his spouse, according to the Form 4 data.

What are the details of the new RSU grant reported by Steven A. Kass for PGC?

Kass was granted 2,652 restricted stock units on March 20, 2026. Footnotes state these RSUs vest on the one-year anniversary of the grant date, after which each unit converts into one share of PEAPACK GLADSTONE common stock, expanding his deferred equity compensation.

How were the 2,978 restricted stock units for PGC originally structured for Steven A. Kass?

The 2,978 RSUs were granted on March 20, 2025 with one-year vesting. Upon vesting on the one-year anniversary, each RSU converted into one PGC common share at $0.00 per share, leading to the reported exercise and resulting common stock position.

How are some of Steven A. Kass’s PGC shares held indirectly?

Part of Kass’s PGC holdings are structured through indirect entities. He holds 16,238 common shares via a rabbi trust under a non-qualified deferred compensation plan, 2,500 shares through a family partnership, and 1,000 shares through his spouse, in addition to his directly held shares.