Maureen Hemhauser, who serves as Executive Vice President and Chief Risk Officer at PEAPACK GLADSTONE FINANCIAL CORP (NASDAQ:PGC), executed a sale of 5,272 shares of the company’s common stock on February 9, 2026, at a per-share price of $35.585, resulting in total proceeds of $187,604, according to a Form 4 filing with the Securities and Exchange Commission.
The regulatory filing reports that the transaction left Hemhauser with no directly owned shares of PEAPACK GLADSTONE FINANCIAL CORP. The Form 4 also details that she retains several indirect and deferred holdings tied to her compensation and benefits arrangements.
Specifically, the filing shows Hemhauser indirectly owns 7,876 shares held in a Rabbi Trust and 455.46 shares held in a 401(k) account. In addition to those accounts, Hemhauser holds Restricted Stock Units (RSUs) and Phantom Stock awards in multiple tranches. The RSU positions are listed as 4,197 shares, 4,488 shares and 4,549 shares, while the Phantom Stock holdings are recorded as 2,853 shares, 660 shares and 1,426 shares.
Separately, an InvestingPro analysis referenced in the filing indicates that PEAPACK GLADSTONE FINANCIAL CORP is trading below its Fair Value on that platform, and that the company’s price-to-earnings ratio is 16.55. The filing also notes that the company has paid dividends for 29 consecutive years, a fact cited as evidence of consistent payouts to shareholders.
The Form 4 provides a snapshot of the executive’s change in directly held equity while also documenting the various forms of deferred and indirect ownership that remain part of Hemhauser’s compensation profile. It is limited to the specific transactions and holdings reported on the filing and does not offer commentary on motives or broader strategic intent.
Snapshot of reported transaction and holdings
- Shares sold on Feb. 9, 2026: 5,272
- Sale price per share: $35.585
- Total proceeds: $187,604
- Directly owned shares after sale: 0
- Indirect holdings: 7,876 shares in a Rabbi Trust; 455.46 shares in a 401(k)
- Restricted Stock Units: 4,197; 4,488; 4,549 shares
- Phantom Stock: 2,853; 660; 1,426 shares
- Company dividend streak: 29 consecutive years
- InvestingPro indicator: stock identified as undervalued vs. Fair Value; P/E ratio 16.55
This report relays the facts disclosed in the SEC filing and the InvestingPro valuation note. It does not extrapolate beyond the information presented in those sources.