MARTIN CHRISTOPHER P 4
4 · PROVIDENT FINANCIAL SERVICES INC · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
Provident Financial (PFS) Exec Chairman Christopher Martin Sells 1,050 Shares
What Happened Christopher P. Martin, Executive Chairman and Director of Provident Financial Services, reported the sale of 1,050 shares on Feb 5, 2026. The shares were disposed at $23.45 per share for a total transaction value of $24,623. The filing lists the transaction type as an open-market or private sale (Form 4 code S), i.e., a sale rather than a purchase.
Key Details
- Transaction date and price: 2026-02-05, 1,050 shares at $23.45 each.
- Total proceeds: $24,623.
- Transaction type: Sale (Form 4 code S — open-market or private sale).
- Shares owned after transaction: Not specified in the summary filing (see full Form 4 for holdings).
- Footnote: F1 notes stock options have fully vested.
- Filing date/timeliness: Report filed 2026-02-06 (timely; Form 4 was filed the day after the transaction).
- No 10b5-1 plan or tax-withholding arrangement is disclosed in this summary filing.
Context This was a straightforward sale of existing shares. Sales by executives can be routine (diversification, tax needs, compensation-related) and do not on their own indicate company outlook. The footnote that stock options have fully vested is informational; the filing does not state these shares were newly exercised or sold as part of a cashless exercise. For complete ownership details and any further notes, consult the full Form 4 filing (Accession: 0001240495-26-000005).
Insider Transaction Report
- Sale
Common Stock
2026-02-05$23.45/sh−1,050$24,623→ 600,000 total
- 238,014(indirect: By 401(k))
Common Stock
- 43,124
Stock Options
[F1]Exercise: $25.58From: 2019-03-05Exp: 2028-03-05→ Common Stock (43,124 underlying) - 107,240
Stock Options
[F1]Exercise: $20.62From: 2021-03-03Exp: 2030-03-03→ Common Stock (107,240 underlying) - 42,857
Stock Options
[F1]Exercise: $26.31From: 2018-03-07Exp: 2027-03-07→ Common Stock (42,857 underlying) - 41,685
Stock Options
[F1]Exercise: $27.25From: 2020-03-04Exp: 2029-03-04→ Common Stock (41,685 underlying) - 34,353
Stock Options
[F1]Exercise: $23.70From: 2023-03-02Exp: 2032-03-02→ Common Stock (34,353 underlying) - 56,605
Stock Options
[F1]Exercise: $20.66From: 2022-03-03Exp: 2031-03-03→ Common Stock (56,605 underlying)
Footnotes (1)
- [F1]Stock options have fully vested.