Spinelli Anthony W. 4

What Happened

• Anthony W. Spinelli, a director of Peapack Gladstone Financial Corp. (PGC), had 1,675 restricted stock units (RSUs) vest and convert into shares on March 20, 2026; those 1,675 shares were simultaneously reported as disposed. On the same date he was granted an additional 2,034 RSUs. No cash prices or total dollar amounts are reported for these derivative transactions.

Key Details

• Transaction date: March 20, 2026 (report filed March 23, 2026 — timely).
• Transactions reported: conversion/exercise of 1,675 RSUs (code M) resulting in 1,675 shares acquired and immediately disposed (reported as derivative); new grant of 2,034 RSUs (code A).
• Prices/values: N/A in filing (typical for RSU vest/grant entries).
• Shares owned after transaction: not specified in the excerpted details of this filing.
• Footnotes: F1 confirms the 1,675 RSUs were granted 03/20/2025 and vested on the one-year anniversary (converted to one share each upon vesting). F2 confirms the 2,034 RSUs were granted 03/20/2026 and vest on 03/20/2027.
• Filing timeliness: Filed within normal SEC timing (not marked late).

Context

• These are RSU-related derivative events: the 1,675 RSUs vested and converted to common shares and were reported as disposed the same day (a common outcome when shares are withheld or sold to cover taxes or satisfy other obligations). The 2,034-item entry is a new RSU award that will convert to shares if and when it vests next year. Such awards and vesting events are routine compensation actions for directors and do not, by themselves, indicate a buy or sell decision about company stock.