Peapack Gladstone Insider Kennedy Files Form 4 on March 24, 2026
| Field | Detail |
|---|---|
| Company | Kennedy Douglas L |
| Form Type | 4 |
| Filed Date | Mar 24, 2026 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: insider-filing, form-4, ownership-change, executive-activity
TL;DR
**Insider Douglas L. Kennedy filed a Form 4 for Peapack Gladstone Financial, signaling a change in his ownership.**
AI Summary
Douglas L. Kennedy, an insider at Peapack Gladstone Financial Corp., filed a Form 4 on March 24, 2026, indicating a change in his beneficial ownership of the company's securities. While the filing itself doesn't detail the specific transaction (buy, sell, or grant), it signals that an executive's stake in the company has been altered. This matters to investors because insider transactions can sometimes provide clues about management's confidence in the company's future prospects.
Why It Matters
This filing indicates a change in an executive's ownership, which can be a signal of their confidence in the company's future performance. Investors often watch these filings for insights into insider sentiment.
Risk Assessment
Risk Level: low — A Form 4 filing itself is a routine disclosure and does not inherently carry significant risk without knowing the details of the transaction.
Analyst Insight
An investor should look for the detailed transaction information within the Form 4 to understand if Douglas L. Kennedy bought or sold shares, and in what quantity, to gauge potential insider sentiment. Without those details, this filing is merely a notification of a change.
Key Players & Entities
- KENNEDY DOUGLAS L (person) — Reporting Person
- PEAPACK GLADSTONE FINANCIAL CORP (company) — Issuer
- 2026-03-24 (date) — Filing Date
- 0001560350 (person) — Douglas L. Kennedy's CIK
- 0001050743 (company) — Peapack Gladstone Financial Corp.'s CIK
FAQ
Who is the reporting person in this Form 4 filing?
The reporting person is KENNEDY DOUGLAS L, identified by CIK 0001560350.
What company is the issuer of the securities involved in this filing?
The issuer is PEAPACK GLADSTONE FINANCIAL CORP, identified by CIK 0001050743.
When was this Form 4 filing submitted to the SEC?
This Form 4 was filed on 2026-03-24 and accepted on the same date at 16:20:35.
What is the business address listed for Peapack Gladstone Financial Corp.?
The business address for Peapack Gladstone Financial Corp. is 500 HILLS DRIVE, SUITE 300, BEDMINSTER NJ 07921-1538.
What is the SIC code for Peapack Gladstone Financial Corp.?
Peapack Gladstone Financial Corp.'s SIC code is 6029, which corresponds to Commercial Banks, NEC.
Filing Stats: 1,223 words · 5 min read · ~4 pages · Grade level 7.3 · Accepted 2026-03-24 16:20:35
Filing Documents
- ownership.html (4)
- ownership.xml (4) — 33KB
- 0001193125-26-121865.txt ( ) — 34KB
From the Filing
SEC FORM 4 SEC Form 4 FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 OMB APPROVAL OMB Number: 3235-0287 Estimated average burden hours per response: 0.5 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. 1. Name and Address of Reporting Person * KENNEDY DOUGLAS L (Last) (First) (Middle) 500 HILLS DRIVE, SUITE 300 PO BOX 700 (Street) BEDMINSTER NEW JERSEY 07921 (City) (State) (Zip) UNITED STATES (Country) 2. Issuer Name and Ticker or Trading Symbol PEAPACK GLADSTONE FINANCIAL CORP [ PGC ] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) President & CEO 2a. Foreign Trading Symbol 3. Date of Earliest Transaction (Month/Day/Year) 03/20/2026 6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person 4. If Amendment, Date of Original Filed (Month/Day/Year) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Common Stock 03/20/2026 M 3,896 A (1) 43,024.749 D Common Stock 03/20/2026 F (2) 1,993 D $ 33.18 41,031.749 D Common Stock 03/20/2026 M 3,494 A (3) 44,525.749 D Common Stock 03/20/2026 F (2) 1,788 D $ 33.18 42,737.749 D Common Stock 03/20/2026 M 3,674 A (4) 212,533 I Rabbi Trust (5) Common Stock 03/20/2026 M 18,097 A (6) 230,630 I Rabbi Trust (5) Common Stock 18,621 I 401(k) Common Stock 10,893.341 I Employee Stock Purchase Plan Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Restricted Stock Units (1) 03/20/2026 M 3,896 (1) (1) Common Stock 3,896 (1) 7,793 D Restricted Stock Units (7) 03/20/2026 A 16,150 (7) (7) Common Stock 16,150 (7) 16,150 D Restricted Stock Units (4) 03/20/2026 M 3,674 (4) (4) Common Stock 3,674 (4) 3,678 D Restricted Stock Units (3) 03/20/2026 M 3,494 (3) (3) Common Stock 3,494 (3) 6,990 D Restricted Stock Units (6) 03/20/2026 M 18,097 (6) (6) Common Stock 18,097 (6) 0 D Restricted Stock Units (8) (8) (8) Common Stock 17,534 17,534 D Restricted Stock Units (9) 03/20/2026 A 24,225 (9) (9) Common Stock 24,225 (9) 24,225 D Phantom Stock (10) 03/20/2026 M 3,440 (10) (10) Common Stock 3,440 (10) 3,441 D Phantom Stock (11) 03/20/2026 M 2,828 (11) (11) Common Stock 2,828 (11) 0 D Phantom Stock (12) (12) (12) Common Stock (12) 15,482 D Explanation of Responses: 1. On March 20, 2025, the reporting person was granted 11,689 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. 2. Shares withheld to satisfy tax withholding obligations arising from settlement of restricted stock units. 3. On March 20, 2023, the reporting person was granted 17,472 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. 4. On March 20, 2022, the reporting person was granted 18,374 restricted stock units (RSUs), vesting in five equal annual installments beginning on March 20, 202