Thomas P. Tulaney to retire from Peoples Financial (NASDAQ: PFIS) leadership roles

Rhea-AI Filing Summary

Peoples Financial Services Corp. announced that Thomas P. Tulaney will retire as President of Peoples Financial Services Corp. and as President and Director of Peoples Security Bank and Trust Company, effective April 3, 2026. The company disclosed the change in a current report and issued a press release describing his planned retirement.

Insights

Banking governance analyst

Peoples Financial Services Corp. discloses a planned presidential retirement with time for transition.

Peoples Financial Services Corp. reported that Thomas P. Tulaney plans to retire as President of the holding company and as President and Director of Peoples Security Bank and Trust Company, effective April 3, 2026. The announcement comes with several months’ notice from the January 30, 2026 report date.

A planned retirement, rather than an immediate or unexplained departure, typically allows for an orderly succession process. The company simultaneously issued a press release, signaling an intent to communicate clearly with stakeholders about executive leadership changes at both the holding company and bank subsidiary levels.

The filing does not detail succession or interim leadership, so future company communications and filings may address who will assume Tulaney’s responsibilities at Peoples Financial Services Corp. and Peoples Security Bank and Trust Company after April 3, 2026.

false 0001056943 0001056943 2026-01-30 2026-01-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report: January 30, 2026

(Date of earliest event reported) 

PEOPLES FINANCIAL SERVICES CORP.

(Exact name of registrant as specified in its Charter)

PA		001-36388		23-2391852
(State or other jurisdiction		(Commission file number)		(IRS Employer
of incorporation)				Identification No.)

30 E D Preate Drive, Moosic, PA 18507

(Address of Principal Executive Offices) (Zip Code)

(570) 346-7741

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (See General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
Common Stock, $2.00 par value		PFIS		The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).              Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On January 30, 2026, Thomas P. Tulaney notified Peoples Financial Services Corp. of his retirement from his roles as President of Peoples Financial Services Corp. and President and Director of Peoples Security Bank and Trust Company, effective April 3, 2026.

Item 7.01 Regulation FD Disclosure.

On January 30, 2026, Peoples Financial Services Corp. issued a press release announcing the retirement of Thomas P. Tulaney from his roles as President of Peoples Financial Services Corp. and President and Director of Peoples Security Bank and Trust Company, effective April 3, 2026. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

The following exhibits are filed with this form 8-K:

Exhibit No.		Description
99.1		Press release dated January 30, 2026
104		Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	PEOPLES FINANCIAL SERVICES CORP.
	By:	/s/ James M. Bone, Jr., CPA
		James M. Bone, Jr., CPA
		Executive Vice President and Chief Financial Officer
		Principal Financial Officer

Dated: January 30, 2026

FAQ

What leadership change did Peoples Financial Services Corp. (PFIS) announce?

Peoples Financial Services Corp. announced the planned retirement of Thomas P. Tulaney. He will retire as President of Peoples Financial Services Corp. and as President and Director of Peoples Security Bank and Trust Company, with his retirement effective April 3, 2026, according to the company’s current report.

When will Thomas P. Tulaney’s retirement from PFIS become effective?

Thomas P. Tulaney’s retirement becomes effective April 3, 2026. The company reported that he notified Peoples Financial Services Corp. on January 30, 2026, of his decision to retire from his roles at both the holding company and Peoples Security Bank and Trust Company on that effective date.

Which positions is Thomas P. Tulaney retiring from at PFIS and its bank subsidiary?

Tulaney is retiring from multiple senior roles at PFIS and its bank. He will step down as President of Peoples Financial Services Corp. and as President and Director of Peoples Security Bank and Trust Company, reflecting a leadership change at both the parent company and its banking subsidiary.

How did Peoples Financial Services Corp. communicate Thomas P. Tulaney’s retirement?

The company disclosed Tulaney’s retirement in a current report and press release. Peoples Financial Services Corp. filed a Form 8-K and issued a press release dated January 30, 2026, attached as Exhibit 99.1, officially announcing his planned April 3, 2026 retirement from key leadership roles.

Does the PFIS filing include the press release about Thomas P. Tulaney’s retirement?

Yes, the filing includes the related press release as an exhibit. Peoples Financial Services Corp. attached a press release dated January 30, 2026 as Exhibit 99.1, and incorporated it by reference, providing additional detail about Thomas P. Tulaney’s planned retirement from his executive and director positions.

What is the relationship between Peoples Financial Services Corp. and Peoples Security Bank and Trust Company?

Peoples Security Bank and Trust Company is the banking subsidiary of Peoples Financial Services Corp. The filing notes that Thomas P. Tulaney serves as President and Director of the bank while also serving as President of the holding company, highlighting his leadership roles in both entities.