LABOZZETTA ANTHONY J 4
4 · PROVIDENT FINANCIAL SERVICES INC · Filed May 22, 2026
Research Summary
AI-generated summary of this filing
Provident Financial CEO Anthony Labozzetta Receives Award
What Happened
Anthony J. Labozzetta, President, CEO and a director of Provident Financial Services, received a performance-vesting stock award of 30,410 shares that vested on May 20, 2026. To satisfy tax withholding obligations, 10,416 of those shares were surrendered/disposed at an indicated value of $22.15 per share, totaling $230,714. The award shares show an acquisition price of $0.00 (compensation grant).
Key Details
- Transaction date: 2026-05-20; Form 4 filed 2026-05-22 (appears timely).
- Award (code A): 30,410 shares acquired @ $0.00.
- Tax withholding (code F): 10,416 shares disposed @ $22.15 = $230,714.
- Shares owned after transaction: not specified in the filing.
- Footnote: F1 — these were performance-vesting awards granted May 20, 2024 that vested based on meeting specified performance criteria.
- Transaction codes: A = award/grant, F = tax withholding to cover tax liability.
Context
This was a compensation vesting event, not an open-market purchase or a deliberate sale for investment purposes. The withholding of shares to cover taxes is routine and does not necessarily signal personal trading intent. For retail investors, outright purchases are generally more indicative of insider confidence; this filing documents standard executive compensation and tax withholding.
Insider Transaction Report
- Award
Common Stock
[F1]2026-05-20+30,410→ 589,374 total - Tax Payment
Common Stock
2026-05-20$22.15/sh−10,416$230,714→ 578,958 total
- 2,722(indirect: By 401(k))
Common Stock
- 3,904(indirect: By IRA)
Common Stock
- 5,482(indirect: By Spouse)
Common Stock
- 4,594(indirect: By Son)
Common Stock
Footnotes (1)
- [F1]Performance-vesting stock awards granted May 20, 2024 which vested based on meeting certain performance criteria.