FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

KENNEDY DOUGLAS L
2. Issuer Name and Ticker or Trading Symbol

PEAPACK GLADSTONE FINANCIAL CORP [ PGC ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
President & CEO
(Last)          (First)          (Middle)

500 HILLS DRIVE, SUITE 300, PO BOX 700
3. Date of Earliest Transaction (MM/DD/YYYY)

9/3/2021
(Street)

BEDMINSTER, NJ 07921
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 9/3/2021  S  5000 (1)D$33.1167 75722.749 D (2) 
Common Stock         69801 (3)I Rabbi Trust 
Common Stock         17992.7952 (4)I 401(k) 
Common Stock         7548.653 I Employee Stock Purchase Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units  (5)           (6) (6)Common Stock 5640  5640 D  
Restricted Stock Units  (5)           (7) (7)Common Stock 40859  40859 D  
Restricted Stock Units  (8)           (9) (9)Common Stock 59898  59898 D  

Explanation of Responses:
(1) The sale of common stock reflected in this Form 4 was pursuant to a Rule 10b-5 trading plan dated May 20, 2021
(2) 18,284 shares held in trust.
(3) Held indirectly through a rabbi trust pursuant to a non-qualified deferred compensation plan.
(4) Includes 401(k) contributions used to purchase PGC stock.
(5) Each restricted stock unit represents a contingent right to receive one share of common stock of Peapack-Gladstone Financial Corporation.
(6) The restricted stock units vest and settle in stock in three approximately equal installments on each of the first three anniversaries of the grant date.
(7) The restricted stock units vest and settle in stock in five approximately equal installments on each of the first five anniversaries of the grant date.
(8) Each restricted stock unit represents the right to receive one share of common stock of Peapack-Gladstone Financial Corporation subject to certain performance conditions. The units will cliff vest, after three years, if the conditions are met.
(9) The restricted stock units will cliff vest on the third anniversary of the grant date subject to certain performance conditions being satisfied.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
KENNEDY DOUGLAS L
500 HILLS DRIVE, SUITE 300
PO BOX 700
BEDMINSTER, NJ 07921
X
President & CEO

Signatures
Douglas L. Kennedy9/7/2021
**Signature of Reporting PersonDate

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