Provident Financial (PROV) SVP Michael Van Stockum Receives Award

What Happened

• Michael Scott Van Stockum, Senior Vice President of Provident Financial Holdings, received a grant of 6,000 restricted shares on July 23, 2026. The grant was reported on a Form 4 filed July 27, 2026. The shares were awarded at $0.00 (typical for compensation grants), so there was no cash purchase.

Key Details

• Transaction date and type: 2026-07-23 — Award/Grant of 6,000 restricted shares (code A); reported 2026-07-27.
• Price and value: $0.00 per share (award/grant); no immediate cash value realized on filing.
• Shares owned / vesting (per footnote): direct ownership includes 750 restricted shares vesting Aug 12, 2026; 2,250 restricted shares vesting May 23, 2028; and the newly noted 6,000 restricted shares under the 2022 plan vesting 50% on July 23, 2028 and 50% on July 23, 2030.
• Filing timeliness: Form 4 was filed four days after the grant (filed 7/27 for a 7/23 transaction). SEC Form 4s are generally due within two business days, so this filing appears later than the standard reporting window.

Context

• This was an equity compensation grant (restricted stock). Such awards are part of executive compensation and typically vest over time; they do not represent an immediate market purchase or sale. Because these shares are restricted until vesting, they cannot be sold by the insider until the vesting conditions are met.