Smith Gregory Martin sold $56K of PGC
Smith Gregory Martin (SEVP, President Comml Banking) sold 1,250 shares of PEAPACK GLADSTONE FINANCIAL CORP (PGC) at $44.66 on 2026-09-02.
How this was made
The 30-second read
Why it matters
The disclosed sale is modest and unlikely to move the stock materially.
Market read
Routine insider transaction with limited trading relevance.
What to watch
Potential tax‑loss harvesting or personal liquidity needs.
Background
Peapack Gladstone Financial Corp filed a Form 4 reporting an insider's sale of shares.
Ticker impact
Form 4 disclosed a $56K open-market sale of 1,250 shares by SEVP Smith Gregory Martin.
minimal downward pressure, likely within normal volatility range
Sale amount is small relative to holdings; no broader market implications.
Market effects
None; the transaction is company‑specific.
No regional effect.
Not applicable.
Counterpoint
The sale could be routine portfolio rebalancing, not a negative signal.
Key entities
- CompanyPeapack Gladstone Financial Corp
Regional bank listed on NYSE under ticker PGC.
- InsiderSmith Gregory Martin
Senior Executive Vice President, President of Commercial Banking.