STOCK TITAN

BlackRock Discloses 7,060,684 Shares of PPBI in Schedule 13G/A

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

BlackRock, Inc. filed an amended Schedule 13G reporting beneficial ownership of 7,060,684 shares of Pacific Premier Bancorp, Inc. common stock, representing 7.3% of the class. The filing shows BlackRock has sole voting power over 6,843,606 shares and sole dispositive power over 7,060,684 shares, with no shared voting or dispositive power reported.

The statement indicates the holdings are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer. The cover information names BlackRock, Inc. (Delaware) as the reporting person and lists 50 Hudson Yards, New York, as its principal business office.

Positive

  • Institutional ownership disclosed: BlackRock beneficially owns 7,060,684 shares (7.3%), indicating material institutional interest in PPBI
  • Clear voting/dispositive breakdown: 6,843,606 shares with sole voting power and 7,060,684 with sole dispositive power, providing transparency on authority over shares

Negative

  • None.

Insights

TL;DR BlackRock reports a significant 7.3% passive holding in PPBI with sole voting and dispositive power for most shares.

The Schedule 13G/A discloses a material passive stake by a large asset manager: 7,060,684 shares, equal to 7.3% of Pacific Premier Bancorp's common stock. The filing classifies the position as held in the ordinary course of business and not intended to influence control, consistent with Rule 13d-1 filings for institutional investors. The breakdown—6,843,606 shares with sole voting power and 7,060,684 shares with sole dispositive power—clarifies BlackRock's unilateral ability to buy or sell these shares without shared authority.

TL;DR This disclosure is a routine institutional ownership report, signaling substantial investor interest but asserting no control intent.

The amendment reiterates BlackRock's status as a Delaware reporting person holding over 5% of PPBI. The certification that the holdings are not for the purpose of changing control and the absence of shared voting power imply a passive investment posture. Exhibits listed (Power of Attorney; Item 7) are standard attachments for parent/subsidiary identification and authority to sign.






Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)






SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:09/04/2025
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

How many shares of PPBI does BlackRock report owning?

BlackRock reports beneficial ownership of 7,060,684 shares of Pacific Premier Bancorp common stock.

What percentage of PPBI does BlackRock own according to the filing?

The filing states BlackRock beneficially owns 7.3% of the class of Pacific Premier Bancorp common stock.

How many shares does BlackRock have sole voting power over for PPBI?

BlackRock reports 6,843,606 shares as shares over which it has sole voting power.

Does the filing indicate BlackRock intends to influence control of PPBI?

No. The certification states the securities are held in the ordinary course of business and not to change or influence control of the issuer.

Who signed the Schedule 13G/A for BlackRock?

The filing is signed by Spencer Fleming, Managing Director, dated 09/04/2025.
Pacific Premier Bancorp

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