CONSI ANTHONY J 4

What Happened
Anthony J. Consi, a director of Peapack Gladstone Financial Corp. (PGC), had 1,675 restricted stock units (RSUs) vest and convert into shares on March 20, 2026, and those resulting shares were subsequently disposed of the same day. On the same date he was also granted 1,491 new RSUs that will vest one year from the grant date. No dollar prices or total values are reported for these transactions in the filing.

Key Details

• Transaction date: March 20, 2026; Form 4 filed March 23, 2026 (appears timely).
• Converted/Exercised: 1,675 RSUs vested and converted into 1,675 shares (reported as derivative conversion, code M).
• Disposed: 1,675 shares disposed same day (reported as derivative disposition; price N/A).
• Grant/Award: 1,491 RSUs granted on March 20, 2026; they vest on March 20, 2027 (code A).
• Prices and total dollar values: Not provided in the filing excerpt.
• Shares owned after transaction: Not specified in the provided report excerpt.
• Relevant footnotes: F1 confirms the 1,675 RSUs were granted on March 20, 2025 and vested one year later; F2 confirms the new 1,491 RSU grant vests in one year.

Context

• These transactions involve RSUs (restricted stock units): when RSUs vest they convert into common shares (a derivative-to-equity conversion). The same-day disposition indicates the vested shares were transferred or sold immediately, but the filing does not include sale price or whether the disposition was to cover taxes.
• Grants of RSUs are routine compensation for directors and do not, by themselves, indicate a change in personal investment stance.