secwatch.observer — SEC 8-K summary
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Issuer:     PEAPACK GLADSTONE FINANCIAL CORP (PGC)
CIK:        0001050743
Form:       8-K
Filed at:   2024-12-02T23:59:59+00:00
Accession:  0000950170-24-132147
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050743/000095017024132147/0000950170-24-132147-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050743/000095017024132147/pgc-20241202.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-132147

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