Hanson James E. II 4

What Happened James E. Hanson II, a director of Provident Financial Services, Inc. (PFS), was granted 4,012 restricted shares on 2026-05-26. The shares were granted at $0.00 per share (transaction code A — award/grant); the filing reports an acquisition value of $0. This was an equity award (not an open-market purchase or a sale).

Key Details

• Transaction date: 2026-05-26; Form 4 filed: 2026-05-28 (timely filing).
• Transaction type/code: Grant of restricted stock (Code A).
• Shares granted: 4,012; Price per share reported: $0.00; Reported acquisition value: $0.
• Shares owned after transaction: Not specified in the filing.
• Footnote (F1): The restricted stock will vest on the earlier of the one‑year anniversary of the grant or the next annual meeting of stockholders that is at least 50 weeks after the prior year’s meeting.
• No 10b5-1 plan, sale, exercise, tax-withholding, or gift noted in the filing.

Context Restricted stock grants are a form of compensation/retention and typically vest over time; they are not an immediate cash purchase or sale. Such awards do not by themselves indicate a positive or negative market signal, but they increase the insider’s future equity stake if and when they vest.