Hubble Susan L 4

What Happened

• Susan L. Hubble, EVP & Chief Information Officer of Peoples Financial Services Corp. (PFIS), had 279 restricted stock units (RSUs vest) on 2026-03-11. Those 279 RSUs converted into 279 common shares.
• To satisfy tax withholding, 164 of the shares were surrendered/disposed at $51.80 per share for a withholding value of $8,495. After withholding, 115 shares were delivered to Ms. Hubble.
• This was a vesting/award event (conversion of RSUs) rather than an open-market buy or sell.

Key Details

• Transaction date: 2026-03-11; Form 4 filed 2026-03-13 (timely).
• Vesting/conversion: 279 RSUs converted to 279 common shares (transaction code M).
• Tax withholding: 164 shares withheld/disposed at $51.80 each for $8,495 (transaction code F).
• Net shares received by insider: 115 shares.
• Shares owned after transaction: 2,010 total (per footnote: includes 159 time‑based restricted shares and 1,851 solely owned shares).
• Related grant and vesting schedule: On 3/28/2025 Ms. Hubble was granted 819 RSUs; 279 vested on 3/11/2026, with remaining 271 and 269 RSUs scheduled to vest on 3/11/2027 and 3/11/2028 respectively (per filing footnotes).

Context

• This is a routine RSU vesting with standard tax-withholding (shares surrendered to cover taxes). It is not an open-market sale or purchase and does not by itself signal a change in insider sentiment.
• Transaction codes: M = conversion/exercise of a derivative (RSU conversion); F = payment of exercise price or tax liability (shares withheld).