LOCHEN RICHARD S JR 4

What Happened Richard S. Lochen Jr., a director of Peoples Financial Services Corp. (PFIS), reported a gift (code G) of 100 shares on 2026-02-04. The filing shows the shares were disposed at a reported price of $0.00, with a reported transaction value of $0. Gifts are reported as dispositions but do not represent a typical sale for cash.

Key Details

• Transaction date: 2026-02-04; Report filed: 2026-02-06 (appears timely under Section 16 reporting rules).
• Transaction type/code: Gift (G); Shares disposed: 100; Price per share reported: $0.00; Reported value: $0.
• Shares owned per filing: the filing notes 8,741.0000 shares held individually and 10,050.042 shares held jointly with his spouse (total reflected: 18,791.042 shares).
• Footnote: filing clarifies the split between individual and joint holdings.
• No indication of a 10b5-1 plan, tax withholding, or other special arrangement disclosed in this report.

Context Gifts by insiders are often for personal or estate-planning reasons and don't necessarily signal the insider's view on the company's prospects. This report involves a relatively small transfer (100 shares) compared with the total holdings disclosed.