Provident Financial (PFS) EVP Christy James Receives Award
$PFS · PROVIDENT FINANCIAL SERVICES INCResearch Summary
AI-generated summary of this SEC filing
Provident Financial (PFS) EVP Christy James Receives Award
What Happened
Christy James, EVP and Chief Risk Officer of Provident Financial Services, received 3,649 shares as a performance-vesting award on May 20, 2026 (code A). To satisfy tax withholding related to that vesting, 1,144 of those shares were surrendered/disposed (code F) at a reported price of $22.15 per share, totaling $25,340. The award shares were reported with an acquisition price of $0 because they were granted/vested rather than purchased.
Key Details
- Transaction dates: May 20, 2026 (award vesting and withholding).
- Award: 3,649 shares granted/vested (Acquired, code A) at $0 acquisition price.
- Withholding/disposition: 1,144 shares disposed (code F) at $22.15 each for $25,340 to cover tax liability.
- Post-transaction ownership: Not reported on this Form 4.
- Footnote: F1 — these were performance-vesting awards originally granted May 20, 2024 that vested based on meeting certain performance criteria.
- Timeliness: Filing dated May 21, 2026 for transactions on May 20, 2026 — appears timely.
Context
This is a routine issuance and tax-withholding transaction tied to the vesting of performance awards, not an open-market sale. The surrender of shares to cover taxes is common and does not necessarily indicate the insider’s view on company stock.