Weiant David 4
Research Summary
AI-generated summary
Provident Financial (PROV) SVP David Weiant Sells 2,732 Shares
What Happened
David Weiant, Senior Vice President of Provident Financial Holdings, sold 2,732 shares in an open-market sale on June 10, 2026. The shares were sold at $17.12 each for total proceeds of approximately $46,772. This was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.
Key Details
- Transaction date and price: 2026-06-10, open-market sale at $17.12 per share.
- Shares sold: 2,732; total value: ~$46,772.
- Shares owned after transaction: The filing’s footnote indicates direct ownership includes 1,675 restricted shares (vesting 8/12/2026) and 4,500 restricted shares (vesting 5/23/2028). The filing does not explicitly state total unrestricted shares remaining after the sale.
- Footnotes: Ownership disclosed includes restricted stock under the Provident 2013 and 2022 Equity Incentive Plans with the vesting dates above.
- Timeliness: Reported on 2026-06-10 for a 2026-06-10 transaction (filed timely).
Context
Sales by company officers can be routine (tax, diversification, planned liquidity) and do not by themselves imply a change in company outlook. Note the disclosed holdings include restricted shares that have future vesting dates; those restricted shares were not described as part of this specific sale.