SHARA THOMAS 4

What Happened
Shara Thomas, Executive Vice Chairman and Director of Provident Financial Services (PFS), disposed of 11,749 shares on 2026-02-27 at $21.04 each, totaling $247,199. The filing reports the disposition as code "F" — a payment of exercise price or tax liability — which is a routine withholding-type transaction rather than an open-market sale.

Key Details

• Transaction date: 2026-02-27; price: $21.04; shares: 11,749; gross value reported: $247,199.
• Transaction code: F (payment of exercise price or tax liability — typically shares withheld to cover taxes).
• Shares owned after the transaction: not specified in the provided filing data.
• Footnote: Shares are held by the insider’s wife as trustee for wife and son.
• Filing date: 2026-03-03 — appears to be filed within the standard Form 4 timing (timely).

Context
An "F" transaction usually reflects withholding shares to satisfy tax obligations arising from option exercises or vesting of awards; it does not necessarily signal a deliberate market sale for investment reasons. For retail investors, these withholding disposals are common and often administrative; they should be viewed differently from open-market sales or purchases.