Peapack-Gladstone Financial Corporation filings document the regulatory record of a New Jersey bank holding company with common stock listed on Nasdaq under PGC. Its 8-K filings cover earnings releases, investor presentations, corrections to financial metrics, capital actions, debt redemptions and material agreements, including preferred stock financing and subordinated note activity.
Proxy and annual-meeting disclosures describe board elections, shareholder voting results, executive compensation, equity awards, committee assignments and governance matters. The filings also provide formal disclosure around the company’s banking and wealth-management strategy, capital structure, registered securities, risk oversight and shareholder approvals.
The Vanguard Group filed Amendment No. 1 to a Schedule 13G/A reporting 0% beneficial ownership of Peapack-Gladstone Financial Corp common stock. The amendment states that, following an internal realignment on January 12, 2026, certain Vanguard subsidiaries will report disaggregated holdings and that The Vanguard Group no longer is deemed to beneficially own securities held by those subsidiaries, in accordance with SEC Release No. 34-39538 (January 12, 1998). The filing lists 0 shares beneficially owned and 0 voting and dispositive powers.
Peapack-Gladstone Financial Corporation completed a private placement of 30,000 shares of newly created 6.00% Non-Cumulative Perpetual Convertible Preferred Stock, Series B, for gross proceeds of $30.0 million. The shares were sold at $1,000 per share to affiliates of Strategic Value Bank Partners under a Regulation D exemption.
Under the same purchase agreement, the company can, in its sole discretion, sell an additional 20,000 preferred shares, providing a total preferred stock commitment of $50 million through December 31, 2027. The preferred stock carries a 6.00% annual dividend, is non-callable for five years, then redeemable at liquidation preference subject to regulatory approval.
Each preferred share is convertible at the holder’s option, generally after five years or upon a change in control, into 26.3157 shares of common stock based on a $1,000 liquidation preference and a $38.00 conversion price, with customary anti-dilution adjustments. The company expects the issuance to qualify as Tier 1 capital and plans to use net proceeds for general corporate purposes, including supporting growth, potential acquisitions, and debt reduction or refinancing.
Peapack-Gladstone Financial Corp executive John P. Babcock reported a series of equity compensation events on March 20, 2026. He exercised multiple vested restricted stock unit and phantom stock awards into common shares and had 4,336 common shares withheld at $33.18 per share to cover tax obligations.
Babcock also received new grants of 9,362 time-based restricted stock units and 14,043 performance-based restricted stock units that each convert into one share of common stock upon future vesting. After these transactions, he directly held 46,561 common shares and indirectly held additional shares through a rabbi trust and a 401(k) plan, along with unvested RSU and phantom stock awards.
PEAPACK GLADSTONE FINANCIAL CORP EVP & Chief Risk Officer Maureen Hemhauser reported routine equity compensation activity. On March 20, 2026, she exercised or settled derivative awards, including restricted stock units and phantom stock, into 7,076 shares of common stock, while 1,052 shares were withheld at $33.18 per share to cover tax obligations.
She also received new grants of 5,386 and 1,795 restricted stock units that vest over multi‑year schedules described in the award terms. After these transactions, she continues to hold unvested awards representing 1,399 underlying common shares in restricted stock units and 1,426 underlying common shares in phantom stock units, along with both direct and indirect common stock holdings, including shares held in a rabbi trust and a 401(k) plan.
PEAPACK GLADSTONE FINANCIAL CORP President & CEO Douglas L. Kennedy reported multiple equity compensation transactions involving restricted stock units, phantom stock and common shares on March 20, 2026. He exercised derivative awards into a total of 35,429 shares of common stock and received new grants of 16,150 time-based RSUs and 24,225 performance-based RSUs that each convert into common stock upon vesting.
To cover tax obligations from RSU settlements, 3,781 common shares were withheld at a price of $33.18 per share, described as payment of tax liabilities by delivering securities rather than an open-market sale. Following these transactions, he directly holds 41,031.749 common shares and indirectly holds 230,630 common shares through a rabbi trust, plus additional indirect holdings through a 401(k) plan and an employee stock purchase plan. Remaining derivative holdings include 17,534 RSUs that may convert into common stock if performance conditions are met.
Peapack-Gladstone Financial Corp EVP and COO Robert A. Plante reported compensation-related equity activity on March 20, 2026. He exercised derivative awards into 10,830 shares of common stock and received new grants of 4,157 and 6,236 restricted stock units that convert into common shares upon future vesting.
Following these transactions, a rabbi trust associated with him holds 69,478.314 common shares indirectly, while he also retains direct derivative interests in 4,713 restricted stock units and 4,879 phantom stock units, each economically tied to one share of common stock.
Peapack-Gladstone Financial Corp senior vice president and chief accounting officer Francesco S. Rossi reported routine equity compensation activity. On March 20, 2026, he exercised 763 restricted stock units, receiving the same number of common shares at a $0.00 exercise price. To cover tax obligations from this RSU settlement, 280 common shares were withheld at a value of $33.18 per share, leaving 5,687 common shares held directly.
Rossi also recorded several phantom stock movements tied to earlier grants. He converted 743, 584, and 255 phantom stock shares into common stock equivalents and received a new grant of 1,893 phantom stock shares, which vest in three equal annual installments beginning on March 20, 2027. Each phantom share is the economic equivalent of one share of common stock. In addition to his direct holdings, he indirectly holds 4,943.79 common shares through an employee stock purchase plan. These transactions reflect compensation vesting, tax withholding, and ongoing incentive awards rather than open-market buying or selling.
PEAPACK GLADSTONE FINANCIAL CORP senior executive Gregory Martin Smith reported a series of stock-based compensation events involving restricted stock units, phantom stock, and common shares dated March 20, 2026.
He exercised derivative awards into a total of 15,399 shares of common stock and had 4,400 shares withheld at a price of $33.18 per share to cover tax obligations, with no open-market purchases or sales. The filing also shows new grants of 6,863 and 10,294 restricted stock units that vest over future years, some subject to performance conditions. Following these transactions, he directly owns 13,872 shares of common stock, along with remaining unvested or unsettled positions in 7,383 restricted stock units and 8,103 phantom stock units, each tied to one share of common stock.
PEAPACK GLADSTONE FINANCIAL CORP EVP Stuart M. Vorcheimer reported a series of equity compensation transactions involving restricted stock units, phantom stock, and common shares. On March 20, 2026 he exercised multiple batches of previously granted restricted stock units and phantom stock at a conversion price of $0.0000 per share, receiving common stock.
He also received new grants of 7,016 restricted stock units that vest in three annual installments beginning March 20, 2027, and 2,339 performance-based restricted stock units that vest on the third anniversary if conditions are met. To cover tax obligations from these vestings, a total of 2,155 common shares were withheld at $33.18 per share.
Following these transactions, Vorcheimer directly holds 10,875 shares of common stock, in addition to indirect ownership of 1,168.0098 shares through an employee stock purchase plan and remaining derivative positions representing 1,856 underlying common shares from restricted stock units and 2,378 underlying common shares from phantom stock.
Peapack-Gladstone Financial EVP and Chief Credit Officer Lisa Chalkan reported compensation-related equity activity. On March 20, 2026, she exercised derivative awards covering 7,426 shares of common stock and received 5,785 time-based and 1,928 performance-based restricted stock units at no cash exercise price.
The filing shows 1,415 common shares were withheld at $33.18 per share to cover tax obligations tied to these vestings. After these transactions, she directly owned 27,175 common shares, plus 501.4200 shares held indirectly through a 401(k) plan, along with remaining restricted stock units and phantom stock linked to 1,633 and 2,112 underlying shares, respectively.