---
schema_version: "secwatch.filing_event.v1"
accession: "0000943374-26-000080"
form_type: "8-K"
ticker: "PGC"
cik: "0001050743"
company_name: "PEAPACK GLADSTONE FINANCIAL CORP"
filed_at: "2026-02-11T23:59:59+00:00"
generated_at: "2026-05-16T03:12:41.363666+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Peapack-Gladstone grants retention RSUs to CEO (50k) and PWM President (32k), vesting Dec 2028

## Summary
- CEO Kennedy: 50,000 target RSUs; payout 0-250% based on 30-day stock price vs Dec 2025 base.
- President Babcock: 32,000 target RSUs; split 50% stock price, 30% wealth AUM, 20% wealth margin.
- RSUs cliff-vest Dec 31, 2028; forfeited on voluntary departure, retirement, or for-cause termination.
- On death, disability, or involuntary termination: vest at actual for completed periods, target for future; change in control triggers accelerated vesting.

## SEC filing metadata
- accession: 0000943374-26-000080
- form_type: 8-K
- ticker: PGC
- cik: 0001050743
- company_name: PEAPACK GLADSTONE FINANCIAL CORP
- filed_at: 2026-02-11T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050743/000094337426000080/0000943374-26-000080-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050743/000094337426000080/form8k_020626.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000943374-26-000080
- JSON: https://secwatch.observer/filing/0000943374-26-000080.json
- Plain text: https://secwatch.observer/filing/0000943374-26-000080.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.