Insider Sale by BABCOCK JOHN P (SEVP & Pres of Priv Wealth Mgt)
Trade Summary
2 days ago, BABCOCK JOHN P, serving as SEVP & Pres of Priv Wealth Mgt at PEAPACK GLADSTONE FINANCIAL CORP (PGC), sold 5,000 shares at $47.11 per share, for a total transaction value of $235,532.50. Following this transaction, BABCOCK JOHN P now holds 45,582 shares of PGC.
This sale represents a 9.88% decrease in BABCOCK JOHN P's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Monday, June 29, 2026 and publicly disclosed via SEC Form 4 filing on Tuesday, June 30, 2026 at 10:09 AM ET, 1 day after the trade was made.
PEAPACK GLADSTONE FINANCIAL CORP operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider selling activity in this sector can provide valuable signals about industry trends and company-specific developments.
Trade Price
$47.11
Quantity
5,000
Total Value
$235,532.50
Shares Owned
45,582
Trade Date
2 days ago
SEC Filing Date
at 10:09 AM ET
Filed 1 day after trade
Discussion