UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
____________
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
| |
Date of report (Date of earliest event reported) | May 9, 2019 |
PEAPACK-GLADSTONE FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in Charter)
| | |
New Jersey | 001-16197 | 22-3537895 |
(State or Other Jurisdiction | (Commission | (I.R.S. Employer |
of Incorporation) | File Number) | Identification No.) |
| |
500 Hills Drive, Suite 300, Bedminster, New Jersey | 07921 |
(Address of Principal Executive Offices) | (Zip Code) |
| |
Registrant’s telephone number, including area code | (908) 234-0700 |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
| ☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter). _____
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13 (a) of the Exchange Act. ______
Securities registered pursuant to Section 12(b) of the Act:
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common | | PGC | | The Nasdaq Stock Market LLC |
On May 9, 2019, Vincent A. Spero, Executive Vice President of Peapack Gladstone Financial Corporation (the “Company”) and of Peapack-Gladstone Bank, entered into a stock trading plan to sell 15,000 shares of common stock over a three-month period. The trading plan, which becomes effective in June 2019, is designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934. In accordance with Rule 10b5-1, officers of a public company may adopt a plan for selling stock of the public company when the officer is not in possession of material, non-public information about the company.
Mr. Spero entered into the plan for tax and financial planning purposes. Following the completion of the plan, Mr. Spero will still maintain a substantial ownership position and will continue to be in compliance with the stock ownership requirements for executive officers as required by the Company’s stock ownership guidelines. The stock transactions under the plan will be disclosed publicly through filings made with the Securities and Exchange Commission.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | | |
| | PEAPACK-GLADSTONE FINANCIAL CORPORATION |
| | | |
| | | |
| | | |
Dated: | May 17, 2019 | By: | /s/Jeffrey J. Carfora |
| | Name: | Jeffrey J. Carfora |
| | Title: | Senior Executive Vice President and
Chief Financial Officer |
