Giannola Vito 4
4 · PROVIDENT FINANCIAL SERVICES INC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Provident Financial (PFS) EVP Vito Giannola Receives Award; Shares Withheld
What Happened
- Vito Giannola, EVP & Chief Risk and Banking Officer of Provident Financial Services, received a performance-based stock award of 4,520 shares on 2026-05-20 (reported 2026-05-21). As part of the vesting/settlement, 1,626 shares were withheld/disposed to satisfy a tax liability or exercise price at $22.15 per share, totaling $36,016.
- The award shares were recorded as acquired at $0.00 (ordinary grant value); the withholding reduced the net shares delivered to Giannola.
Key Details
- Transaction date: 2026-05-20; filing date: 2026-05-21 (filed the next day; no late filing indicated).
- Award: 4,520 shares (code A — grant/acquisition) reported at $0.00 per share.
- Withholding/disposition: 1,626 shares (code F — tax withholding/payment) at $22.15 per share = $36,016.
- Shares owned after the transaction: not disclosed in the provided filing.
- Footnote: The shares granted were performance-vesting awards originally granted on May 20, 2024 that vested upon meeting specified performance criteria (see footnote F1).
Context
- This was a performance-based award vesting event, not an open-market purchase or sale signaling a directional bet. The F-code withholding is a common administrative step where the company retains/sells a portion of vested shares to cover taxes or exercise-related obligations, reducing the net shares the insider receives.
Insider Transaction Report
Form 4
Giannola Vito
EVP & CRBO of provident Bank
Transactions
- Award
Common Stock
[F1]2026-05-20+4,520→ 78,050 total - Tax Payment
Common Stock
2026-05-20$22.15/sh−1,626$36,016→ 76,424 total
Holdings
- 2,722(indirect: By 401(k))
Common Stock
- 13,752(indirect: By IRA)
Common Stock
Footnotes (1)
- [F1]Performance-vesting stock awards granted May 20, 2024 which vested based on meeting certain performance criteria.
Signature
/s/Chao Huang, Pursuant to Power of Attorney|2026-05-21