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