Insider John P. Babcock Files Form 144 for PGC Share Sale

TL;DR

**Insider John P. Babcock is selling PGC shares, watch for potential price dip.**

AI Summary

John P. Babcock, an insider at Peapack Gladstone Financial Corp. (NASDAQ: PGC), has filed a Form 144 on March 23, 2026, indicating a proposed sale of securities. While the specific number of shares or dollar amount isn't detailed in this initial filing, it signals that a significant shareholder intends to sell a portion of their holdings. This matters to investors because insider selling can sometimes suggest that those closest to the company believe the stock may be fully valued or that they are diversifying their personal portfolios, which could put downward pressure on the stock price.

Why It Matters

Insider selling can be interpreted by the market as a lack of confidence or a signal that the stock's growth potential is limited, potentially influencing other investors' decisions.

Risk Assessment

Risk Level: medium — Insider selling, especially from a significant individual like John P. Babcock, can create negative sentiment and put downward pressure on the stock price.

Analyst Insight

A smart investor would monitor subsequent filings (like Form 4) to determine the exact number of shares sold and the price, and consider if this insider sale aligns with their own investment thesis for PGC.

Key Players & Entities

• BABCOCK JOHN P (person) — Reporting individual proposing to sell securities
• PEAPACK GLADSTONE FINANCIAL CORP (company) — Subject company whose securities are being sold
• 0001602623 (person) — CIK for BABCOCK JOHN P
• 0001050743 (company) — CIK for PEAPACK GLADSTONE FINANCIAL CORP
• 2026-03-23 (date) — Filing Date

Forward-Looking Statements

• The market may react negatively to the news of insider selling, potentially causing a short-term dip in Peapack Gladstone Financial Corp.'s stock price. (PEAPACK GLADSTONE FINANCIAL CORP) — medium confidence, target: 2026-03-24

FAQ

Filing Documents

• primary_doc.html (144)
• primary_doc.xml (144) — 3KB
• 0001959173-26-002580.txt ( ) — 4KB

From the Filing

Form 144 Filer Information UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933 FORM 144 144: Filer Information Is this a LIVE or TEST Filing? LIVE TEST Submission Contact Information Name Phone E-Mail Address 144: Issuer Information Name of Issuer PEAPACK GLADSTONE FINANCIAL CORP Address of Issuer 500 HILLS DRIVE BEDMINSTER NEW JERSEY 07921 Phone 9082340700 Name of Person for Whose Account the Securities are To Be Sold BABCOCK JOHN P See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice. Relationship to Issuer Officer 144: Securities Information Title of the Class of Securities To Be Sold Name and Address of the Broker Number of Shares or Other Units To Be Sold Aggregate Market Value Number of Shares or Other Units Outstanding Approximate Date of Sale Name the Securities Exchange Common Fidelity Brokerage Services LLC 900 Salem Street Smithfield � RI � 02917 3440 118314.33 17570625 03/23/2026 NASDAQ Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor: 144: Securities To Be Sold Title of the Class Date you Acquired Nature of Acquisition Transaction Name of Person from Whom Acquired Is this a Gift? Date Donor Acquired Amount of Securities Acquired Date of Payment Nature of Payment * Common 03/20/2026 Restricted Stock Vesting Issuer 3440 03/20/2026 Compensation * If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid. Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold. 144: Securities Sold During The Past 3 Months Nothing to Report 144: Remarks and Signature Remarks Sale includes an amount necessary to cover a tax obligation resulting from the settlement of a vested equity award distribution. Date of Notice 03/23/2026 ATTENTION: The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date. Signature /s/ Joshua Schmitt, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for John P. Babcock. ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

View Full Filing

View this 144 filing on SEC EDGAR