---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-132147"
form_type: "8-K"
ticker: "PGC"
cik: "0001050743"
company_name: "PEAPACK GLADSTONE FINANCIAL CORP"
filed_at: "2024-12-02T23:59:59+00:00"
generated_at: "2026-05-29T10:53:31.741743+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Peapack-Gladstone CEO adopts Rule 10b5-1 plan to sell 30,000 shares

## Summary
- CEO Douglas L. Kennedy entered a trading plan to sell 30,000 shares (~9% of holdings) over 3 months starting Dec 2, 2024.
- Plan is for tax and financial planning purposes; complies with Rule 10b5-1 to avoid insider trading concerns.
- After plan completion, Kennedy expected to hold ~283,110 shares (incl. unvested RSUs), still the largest insider holder.
- Stock transactions under the plan will be disclosed via subsequent SEC filings.

## SEC filing metadata
- accession: 0000950170-24-132147
- form_type: 8-K
- ticker: PGC
- cik: 0001050743
- company_name: PEAPACK GLADSTONE FINANCIAL CORP
- filed_at: 2024-12-02T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050743/000095017024132147/0000950170-24-132147-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050743/000095017024132147/pgc-20241202.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-132147
- JSON: https://secwatch.observer/filing/0000950170-24-132147.json
- Plain text: https://secwatch.observer/filing/0000950170-24-132147.txt

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