STOCK TITAN

BlackRock (NYSE: PGC) holds 1,162,411 shares, a 6.6% stake

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
SCHEDULE 13G/A

Rhea-AI Filing Summary

BlackRock, Inc. amended its Schedule 13G to report beneficial ownership of 1,162,411 shares of Peapack Gladstone Financial Corp common stock, representing 6.6% of the class as of 03/31/2026. The filing attributes 1,143,323 shares of sole voting power and 1,162,411 shares of sole dispositive power to the reporting group and notes that various underlying persons have rights to dividends or proceeds.

Positive

  • None.

Negative

  • None.

Insights

BlackRock’s filing documents a passive >5% stake in Peapack Gladstone Financial.

The Schedule 13G/A shows BlackRock’s Reporting Business Units collectively beneficially own 1,162,411 shares (6.6%) with sole dispositive power. The amendment follows the standard disclosure regime for institutional investors and signals aggregated passive ownership rather than an activist intent.

Key dependencies include any changes in holdings disclosed in subsequent amendments and whether the holdings are held for multiple client accounts; future amendments will show increases or dispositions.

Beneficial ownership 1,162,411 shares Reported as beneficially owned (Schedule 13G/A)
Percent of class 6.6% Percent of common stock as reported
Sole voting power 1,143,323 shares Number of shares with sole power to vote
Sole dispositive power 1,162,411 shares Number of shares with sole power to dispose
Schedule 13G/A regulatory
"Amendment No. 15; reports beneficial ownership exceeding 5%"
A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.
Beneficially owned regulatory
"Amount beneficially owned: 1162411 (b) Percent of class: 6.6 %"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
Sole dispositive power regulatory
"Sole power to dispose or to direct the disposition of: 1162411"
Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.





704699107

(CUSIP Number)
03/31/2026

(Date of Event Which Requires Filing of this Statement)


Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)




schemaVersion:


SCHEDULE 13G





SCHEDULE 13G



BlackRock, Inc.
Signature:Spencer Fleming
Name/Title:Managing Director
Date:04/27/2026
Exhibit Information

Exhibit 24: Power of Attorney Exhibit 99: Item 7

FAQ

What stake does BlackRock hold in Peapack Gladstone (PGC)?

BlackRock reports beneficial ownership of 1,162,411 shares, equal to 6.6% of Peapack Gladstone common stock as of 03/31/2026. The filing attributes sole dispositive power over those shares to the reporting units.

Does BlackRock have voting control over PGC shares?

The filing reports 1,143,323 shares as sole voting power held by the reporting group. Shared voting power is reported as 0, per the Schedule 13G/A disclosure.

Is this ownership held on behalf of other clients or funds?

Yes; the Schedule 13G/A states the holdings reflect securities held by certain Reporting Business Units of BlackRock and notes various persons may have rights to dividends or proceeds, consistent with pooled client accounts.

Does this Schedule 13G/A indicate activist intent by BlackRock?

No. The Schedule 13G/A format and the filing text reflect institutional passive reporting rather than a 13D-level activist intent; it lists beneficial ownership by reporting units without indicating control actions.

Who signed the amendment for BlackRock?

The amendment is signed by Spencer Fleming, Managing Director, per the filing’s signature block dated 04/27/2026.