ANDERSON JOHN R III 4

What Happened

• John R. Anderson III, Chief Operating Officer of Peoples Financial Services Corp. (PFIS), was granted 673 restricted stock units (RSUs) on 2026-06-26. The grant is reported at $0.00 per RSU (derivative award), and the RSUs represent a contingent right to receive PFIS common stock upon vesting. This is an equity award (not a purchase or sale).

Key Details

• Transaction date and filing: grant dated 2026-06-26; Form 4 filed 2026-06-30.
• Grant details: 673 RSUs granted; reported price $0.00; vesting in three annual installments beginning 6/26/2027.
• Holdings after grant (reported): 6,344.378 shares solely owned, 40 shares held jointly with spouse, 167 time-based restricted common shares, and 1,244 unvested RSUs total (571 previously outstanding + 673 newly granted).
• Related prior grants noted: 866 RSUs granted on 3/28/2025, of which 295 vested on 3/11/2026 leaving 286 and 285 RSUs scheduled to vest on 3/11/2027 and 3/11/2028 (per the filing).
• Footnote explanations: RSUs = contingent right to one share on vesting; vesting schedules provided in the filing.
• Filing status: Form filed 4 days after the grant (filing date 6/30/2026 for a 6/26/2026 grant); the filing shows this award only.

Context

• RSU grants are standard compensation and are a form of deferred equity — they do not involve cash outlay by the insider and are not an immediate buy or sell. Vested RSUs convert into shares (typically subject to any withholding requirements) on their vest dates; unvested RSUs are contingent on continued service (or other vesting conditions in the award). This transaction is an internal compensation award and should be viewed as such rather than a direct market signal.