4Filed Aug 18, 8:00 PM ET
Provident Financial (PFS) EVP Vito Giannola Sells 20,000 Shares
$PFS · PROVIDENT FINANCIAL SERVICES INCResearch Summary
AI-generated summary of this SEC filing
Provident Financial (PFS) EVP Vito Giannola Sells 20,000 Shares
What Happened
Vito Giannola, EVP & Chief Risk and Banking Officer (CRBO) at Provident Financial Services (PFS), sold 20,000 shares in an open-market transaction on 2026-08-18. The shares were disposed at $24.36 per share, resulting in gross proceeds of $487,200. This was a sale (liquidity) transaction rather than a purchase.
Key Details
- Transaction date: 2026-08-18 (filed with the SEC on 2026-08-19) — filing appears timely.
- Transaction type/code: Open-market sale (S).
- Price per share: $24.36.
- Shares sold: 20,000; Gross proceeds: $487,200.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnotes in the filing: F1 = transactions not required to be reported under Section 16; F2 = dividend reinvestment transactions. (These are general filing footnotes; none indicate a 10b5-1 plan or tax withholding for this specific trade.)
Context
Open-market sales by officers are often routine liquidity events and do not, by themselves, indicate a change in company outlook. Retail investors should view this as a standard insider sale unless additional filings or patterns suggest otherwise.