PFIS (PFIS) HR chief updates equity award vesting and tax share withholding
Rhea-AI Filing Summary
PEOPLES FINANCIAL SERVICES CORP. executive Amy Vieney, EVP and Chief Human Resources Officer, corrected a prior insider report and detailed recent equity compensation activity. On February 27, 2026, 471 performance-based stock awards in common stock vested with no purchase price, and 152 common shares were withheld at $53.60 per share to cover tax obligations.
Following these transactions, Vieney directly owns 580.058 common shares, including 155 shares of time-based restricted common stock and 425.058 other directly held shares. She also holds 277 restricted stock units, each representing a right to receive one common share, vesting in three equal annual installments beginning March 11, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
VIENEY AMY
Role
EVP/CHIEF HUMAN RESOURCES OFF
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 471 | $0.00 | -- |
| Tax Withholding | Common Stock | 152 | $53.60 | $8K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 732.058 shares (Direct);
Restricted Stock Units — 277 shares (Direct)
Footnotes (1)
- On March 3, 2026, the reporting person filed a Form 4 which inadvertently reported the vesting of 706 performance-based stock awards and 238 shares withheld for taxes. As reported in this amendment, 471 performance-based stock awards vested and 152 shares were withheld for taxes. This amount includes 155 shares of time based restricted common stock solely owned by Ms. Vieney and 425.0580 shares solely owned by Ms. Vieney. Each restricted stock unit represents a contingent right to receive one share of PFIS common stock. The restricted stock units vest in three equal annual installments beginning March 11, 2026.
Key Figures
Performance-based stock awards vested: 471 shares
Shares withheld for taxes: 152 shares
Tax withholding price: $53.60 per share
+4 more
7 metrics
Performance-based stock awards vested
471 shares
Common Stock, vested on February 27, 2026
Shares withheld for taxes
152 shares
Common Stock withheld at $53.60 per share
Tax withholding price
$53.60 per share
Value used for 152 withheld shares
Common shares owned after transactions
580.058 shares
Direct PFIS common stock ownership following February 27, 2026
Time-based restricted common stock
155 shares
Included within Vieney’s directly owned common shares
Restricted stock units outstanding
277 units
Each RSU equals one PFIS common share
RSU vesting schedule
3 equal annual installments
Beginning March 11, 2026
Key Terms
performance-based stock awards, time based restricted common stock, restricted stock units, tax-withholding disposition, +1 more
5 terms
performance-based stock awards financial
"As reported in this amendment, 471 performance-based stock awards vested and 152 shares were withheld for taxes."
time based restricted common stock financial
"This amount includes 155 shares of time based restricted common stock solely owned by Ms. Vieney and 425.0580 shares solely owned by Ms. Vieney."
restricted stock units financial
"Each restricted stock unit represents a contingent right to receive one share of PFIS common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of PFIS common stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did PFIS executive Amy Vieney report in this amended Form 4/A filing?
Amy Vieney reported vesting of equity awards and related tax withholding. The amendment clarifies that 471 performance-based stock awards vested and 152 shares were withheld for taxes, correcting higher amounts previously reported in an earlier Form 4 filed on March 3, 2026.
What restricted stock units does Amy Vieney hold at Peoples Financial (PFIS)?
The filing reports that Amy Vieney holds 277 restricted stock units, each representing a contingent right to receive one PFIS common share. These units vest in three equal annual installments beginning March 11, 2026, providing ongoing equity-based compensation over multiple years.
What correction does this PFIS Form 4/A make to the prior filing?
The amendment explains that an earlier Form 4 incorrectly reported 706 performance-based stock awards vested and 238 shares withheld for taxes. The corrected figures are 471 performance-based stock awards vested and 152 shares withheld, aligning the disclosure with the actual equity events.