PEOPLES FINANCIAL SERVICES CORP.·4

Mar 3, 4:42 PM ET

VIENEY AMY 4

Research Summary

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PFIS EVP Amy Vieney Receives 706-Share Award; 238 Shares Withheld

What Happened

  • Amy Vieney, Executive Vice President & Chief Human Resources Officer of Peoples Financial Services Corp. (PFIS), received an award of 706 restricted stock units (RSUs) on Feb 27, 2026 (transaction code A). The RSUs have a grant value recorded at $0.00 per share for reporting purposes.
  • To satisfy tax withholding related to the award (transaction code F), 238 shares were withheld/disposed at $53.60 per share, totaling $12,757. This withholding is a tax payment, not an open-market sale.

Key Details

  • Transaction date: 2026-02-27; Form 4 filed 2026-03-03 (filed within the required two business days).
  • Award: 706 RSUs granted (each RSU represents the contingent right to receive one share).
  • Tax withholding/disposition: 238 shares at $53.60/share = $12,757.
  • Vesting: RSUs vest in three equal annual installments beginning March 11, 2026 (per footnote).
  • Holdings after transaction: the Form 4 does not state a single consolidated post-transaction total; footnotes note 155 shares of time-based restricted common stock and 574.0580 shares solely owned by Ms. Vieney (as reported in the filing).
  • Codes: A = award/grant; F = payment of exercise price or tax liability (net-share withholding).

Context

  • This was a compensation-related award (RSUs) with a net-share withholding to cover taxes — common HR/executive compensation practice and not the same as an open-market sale.
  • The award vests over three years, so the shares are not immediately tradable until they vest (subject to plan restrictions).