ROSSI FRANCESCO S sold $25K of PGC
ROSSI FRANCESCO S (SVP/Chief Accounting Officer) sold 547 shares of PEAPACK GLADSTONE FINANCIAL CORP (PGC) at $45.52 on 2026-06-11.
How this was made
The 30-second read
Why it matters
It updates the record of insider ownership via an open-market sale by the company’s SVP/Chief Accounting Officer; it does not include earnings, guidance, or regulatory/legal developments.
Market read
Traders may monitor insider activity, but this specific disclosure lacks a fundamental catalyst and is unlikely to drive a major repricing by itself.
What to watch
No 10b5-1 plan is cited, but the article also provides no context on compensation, option exercises, or prior sale patterns that would clarify intent.
Background
The article is an SEC EDGAR Form 4 insider transaction disclosure for PEAPACK GLADSTONE FINANCIAL CORP.
Ticker impact
SEC Form 4 shows PGC CFO/Chief Accounting Officer Francesco S. Rossi sold 547 shares in an open-market transaction on 2026-06-11.
Low likelihood of a sustained price move based solely on this Form 4.
The filing is a standard open-market sale under a direct holdings update, with no 10b5-1 plan and no other company-specific catalyst disclosed.
Market effects
No sector read-through; this is a single-company insider transaction.
None indicated.
None indicated.
Counterpoint
The sale may be for diversification, taxes, or routine liquidity needs rather than a bearish view, especially with a small absolute share count.
Key entities
- issuerPEAPACK GLADSTONE FINANCIAL CORP
Subject of the Form 4 insider transaction disclosure.
- insiderROSSI FRANCESCO S
SVP/Chief Accounting Officer who sold 547 shares on 2026-06-11.