Hemhauser Maureen sold $104K of PGC
Hemhauser Maureen (EVP & Chief Risk Officer) sold 2,297 shares of PEAPACK GLADSTONE FINANCIAL CORP (PGC) at $45.32 ($0.10M total) on 2026-09-21.
How this was made
The 30-second read
Why it matters
The insider fully exited his position, but the amount is modest and unlikely to affect market perception.
Market read
Routine insider sale with limited trading relevance.
What to watch
Potential upcoming regulatory or strategic changes not disclosed.
Background
Form 4 filing reports insider trades; used by traders to gauge insider sentiment.
Ticker impact
EVP & Chief Risk Officer sold 2,297 shares for $104,109, reducing holdings to zero.
No significant price impact expected.
The sale size is small relative to float and disclosed via Form 4, a routine insider transaction.
Market effects
None; the transaction is company‑specific and does not affect the banking sector.
None; limited to Peapack Gladstone investors.
None
Counterpoint
Even small insider sales can signal concerns; monitor for further disposals.
Key entities
- personHemhauser Maureen
EVP & Chief Risk Officer of Peapack Gladstone Financial Corp.