NICHOLAS JAMES B 4
Research Summary
AI-generated summary
Peoples Financial (PFIS) Director Nicholas James B Receives Award
What Happened
Nicholas James B, a director of Peoples Financial Services Corp. (PFIS), was granted 297 shares as a stock award on January 30, 2026. The Form 4 reports the acquisition price as $0.00 (total reported value $0) and classifies the transaction as an award/grant (transaction code A). This is a compensatory grant to a board member, not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-30; filing date: 2026-02-03 (filed within the standard 2-business-day window).
- Transaction type/code: Award/Grant (A).
- Shares granted: 297; reported price per share: $0.00; reported total value: $0.
- Shares owned after transaction: not specified in the filing.
- Footnote: Grant was made pursuant to Peoples Financial Services Corp.'s director compensation plan (per F1).
- No indication of a 10b5-1 plan, tax-withholding disposition, or immediate sale in this filing.
Context
Stock awards to directors are a common form of compensation and can be subject to vesting or transfer restrictions (the filing does not specify vesting terms). A reported $0 value on the Form 4 is a reporting detail for this grant and does not mean the shares lack market value. Grants are compensatory and should not be interpreted as a direct buy or sell signal by themselves.