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Pacific Premier (PPBI) Insider: Arnold Exercises and Sells 5,000 Shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Insider transactions reported for Pacific Premier Bancorp (PPBI). Steven R. Arnold, identified as General Counsel and Corporate Secretary, reported transactions in PPBI common stock on 08/12/2025. The filing shows an acquisition of 5,000 shares at $21.54 and a disposition of 5,000 shares at $22.54, with reported direct beneficial ownership figures of 56,042 and 51,042 shares respectively after the listed transactions. The form also lists options on PPBI common stock tied to a $21.54 conversion/exercise price for 5,000 underlying shares. Explanatory notes state 28,831 restricted shares are subject to vesting and that the options vest in three equal annual installments beginning 03/09/2017.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine insider option exercise and share sale by a senior officer; disclosures align with Section 16 reporting requirements.

The reported activity—exercise of 5,000 option-related shares and a contemporaneous sale of 5,000 shares—appears structured to reflect an option exercise and disposition. The filing discloses direct beneficial ownership levels and notes on restricted stock and vesting schedules, which provide transparency on existing equity holdings and potential forfeiture conditions. From a governance perspective, the disclosure meets Form 4 content expectations and shows no disclosed unusual or undisclosed related-party arrangements.

Impact assessment: not impactful to enterprise valuation but relevant for transparency.

TL;DR: Insider exercised options and sold an equal number of shares; transactions are small relative to typical market capitalization.

Transaction prices are explicitly reported: acquisition at $21.54 and sale at $22.54 for 5,000 shares each, and 5,000 derivative instruments tied to a $21.54 exercise price are listed. The filing also enumerates restricted stock of 28,831 shares subject to vesting. These facts allow investors to track insider liquidity events and outstanding insider ownership without implying company operational changes. The disclosure does not include any material corporate actions or financial results.

Impact assessment: not impactful on financial performance.

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
Estimated average burden
hours per response: 0.5
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*
Arnold Steven R

(Last) (First) (Middle)
17901 VON KARMAN AVE., SUITE 1200

(Street)
IRVINE CA 92614

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
PACIFIC PREMIER BANCORP INC [ PPBI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
General Counsel & Corp. Sec.
3. Date of Earliest Transaction (Month/Day/Year)
08/12/2025
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
PPBI Common Stock 08/12/2025 M 5,000 A $21.54 56,042(1) D
PPBI Common Stock 08/12/2025 S 5,000 D $22.54 51,042(1) D
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
Options on PPBI Common Stock $21.54 08/12/2025 M 5,000 (2) 03/09/2026 PPBI Common Stock 5,000 $0 0 D
Explanation of Responses:
1. Includes 28,831 shares of restricted stock subject to a vesting schedule set forth in the restricted stock grant and subject to forfeiture upon the occurrence of certain events specified in the restricted stock grant.
2. The options vests in three equal annual installments beginning 3/9/2017.
Remarks:
/s/ Steven R. Arnold 08/13/2025
** 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 insider transactions did PPBI report by Steven R. Arnold?

Steven R. Arnold reported acquiring 5,000 shares at $21.54 and selling 5,000 shares at $22.54 on 08/12/2025.

How many PPBI shares does Steven R. Arnold beneficially own after the transactions?

The form lists direct beneficial ownership figures of 56,042 and 51,042 shares following the reported transactions.

Were any derivative securities disclosed in the PPBI Form 4?

Yes. The filing discloses options on PPBI common stock tied to a conversion/exercise price of $21.54 for 5,000 underlying shares.

Does the filing mention restricted stock or vesting conditions?

Yes. The explanation states there are 28,831 restricted shares subject to a vesting schedule and that the options vest in three equal annual installments beginning 03/09/2017.

What role does Steven R. Arnold hold at PPBI as shown on the form?

He is identified as a Director and an Officer with the title General Counsel & Corporate Secretary.
Pacific Premier Bancorp

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IRVINE