PEOPLES FINANCIAL SERVICES CORP.·4/A

Apr 10, 4:24 PM ET

VIENEY AMY 4/A

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PEOPLES FINANCIAL (PFIS) EVP Amy Vieney Receives 471-Share Award

What Happened

  • Amy Vieney, EVP & Chief Human Resources Officer of Peoples Financial Services Corp. (PFIS), had 471 performance-based restricted stock units (RSUs) vest on 2026-02-27 (reported as an award at $0.00). Concurrently, 152 shares were withheld to cover tax obligations (code F) at $53.60 per share, a withholding value of $8,147. The filing is an amendment correcting previously reported amounts.

Key Details

  • Transaction dates and amounts:
    • 2026-02-27: Award/vesting of 471 RSUs (reported at $0.00).
    • 2026-02-27: Tax withholding/disposition of 152 shares at $53.60 each = $8,147.
  • Shares owned after the transaction: Form notes beneficial ownership includes 155 time‑based restricted shares plus 425.0580 shares (total ≈ 580.06 shares).
  • Footnotes of interest:
    • F1: This is an amended Form 4; an earlier March 3, 2026 filing misreported vesting of 706 awards and 238 withheld shares — the amendment corrects that to 471 vested and 152 withheld.
    • F2: Breakout of shares that make up the reported ownership.
    • F3: Each RSU represents a contingent right to one share of PFIS common stock.
    • F4: The restricted stock units vest in three equal annual installments beginning March 11, 2026.
  • Filing status: Amended filing (corrects prior reporting). The withholding (code F) is for tax liability, not an open-market sale.

Context

  • These were restricted stock units vesting (not a purchase); the 152-share withholding is a routine tax-withholding disposition rather than a market sale. RSUs are contingent rights to shares and will continue to vest per the stated schedule. Amended filings like this adjust the reported figures to reflect the accurate number of vested awards and withheld shares.