SEC Form 4 · accession 0001193125-26-289604
PEAPACK GLADSTONE FINANCIAL CORP · PGC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John P Babcock
Officer — SEVP & Pres of Priv Wealth Mgt
Period of report
Jun 29, 2026
Accepted (ET)
Jun 30, 2026 · 10:09 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001050743
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 29, 2026 | S | 5,000 | $47.1065 | D | 45,582 | D | |
| Common StockF1 | holding | — | — | — | 74,876 | I | Rabbi Trust | |
| Common Stock | holding | — | — | — | 6,720 | I | 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | holding | — | — | — | — | — | Common Stock | 5,029 | 5,029 | D |
| Restricted Stock UnitsF3 | — | holding | — | — | — | — | — | Common Stock | 9,362 | 9,362 | D |
| Restricted Stock UnitsF4 | — | holding | — | — | — | — | — | Common Stock | 2,524 | 2,524 | D |
| Restricted Stock UnitsF5 | — | holding | — | — | — | — | — | Common Stock | 4,788 | 4,788 | D |
| Restricted Stock UnitsF6 | — | holding | — | — | — | — | — | Common Stock | 11,315 | 11,315 | D |
| Restricted Stock UnitsF7 | — | holding | — | — | — | — | — | Common Stock | 14,043 | 14,043 | D |
| Phantom StockF8 | — | holding | — | — | — | — | — | Common Stock | 2,760 | 2,760 | D |
| Phantom StockF9 | — | holding | — | — | — | — | — | Common Stock | 12,418 | 12,418 | D |
| Phantom RightsF10 | — | holding | — | — | — | — | Dec 31, 2028 | Common Stock | 16,000 | 16,000 | D |
Explanation of responses
- F1Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
- F10Each performance right represents a contingent right to receive one share of PGC common stock. The performance rights vest upon PGC's common stock achieving a specified price per share.
- F2On March 20, 2025, the reporting person was granted 7,543 restricted stock units (RSUs), vesting in three equal annual installments beginning on March 20, 2026. Upon vesting, each RSU converts into one share of PGC common stock.
- F3On March 20, 2026, the reporting person was granted 9,362 restricted stock units (RSUs), vesting in three equal annual installments beginning on March 20, 2027. Upon vesting, each RSU converts into one share of PGC common stock.
- F4On March 20, 2022, the reporting person was granted 12,588 restricted stock units (RSUs), vesting in five equal annual installments beginning on March 20, 2023. Upon vesting, each RSU converts into one share of PGC common stock.
- F5On March 20, 2023, the reporting person was granted 11,970 restricted stock units (RSUs), vesting in five equal annual installments beginning on March 20, 2024. Upon vesting, each RSU converts into one share of PGC common stock.
- F6On March 20, 2025, the reporting person was granted 11,315 restricted stock units (RSUs), vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each RSU converts into one share of PGC common stock.
- F7On March 20, 2026, the reporting person was granted 14,043 restricted stock units (RSUs), vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each RSU converts into one share of PGC common stock.
- F8On March 20, 2024, the reporting person was granted 8,278 phantom stock shares, vesting in three equal annual installments beginning on March 20, 2025. Upon vesting, each phantom share is the economic equivalent of one share of common stock.
- F9On March 20, 2024, the reporting person was granted 12,418 phantom stock shares, vesting on the third anniversary of the grant if certain performance conditions are met. Upon vesting, each phantom share is the economic equivalent of one share of common stock.