SEVP Smith Gregory Martin sold 17,633 shares of PGC at $31.95, reducing holdings by 98.3% to 297 shares
Smith Gregory Martin, Senior Executive Vice President and President of Commercial Banking, executed a substantial sale of 17,633 shares at $31.95 on 2025-01-30, resulting in a 98.3% reduction of his holdings from 17,930 shares to 297 shares. The transaction totaled $563,293.24. This near-complete liquidation of a large position by a senior executive responsible for a major business line is material and warrants investor scrutiny. The stock is currently trading at $31.65, -15.8% from its 52-week high of $37.57, and the company faces headwinds including -5.3% annual revenue decline, suggesting the executive may have been operating under established trading parameters rather than in response to near-term announcements.