PEOPLES FINANCIAL (NASDAQ: PFIS) awards 526 RSUs to EVP
Rhea-AI Filing Summary
Westington Stephanie A. reported acquisition or exercise transactions in this Form 4 filing.
PEOPLES FINANCIAL SERVICES CORP. EVP and Chief Accounting Officer Stephanie A. Westington reported an equity compensation update. On June 26, 2026, she was granted 526 Restricted Stock Units (RSUs), each representing a contingent right to receive one share of PFIS common stock.
Following earlier grants, Westington now holds 3,305 shares of common stock, including 420 shares of time-based restricted common stock and 2,885 other common shares263 RSUs led to 90 RSUs vesting on March 11, 2026, with 87 RSUs scheduled to vest on March 11, 2027 and 86 RSUs scheduled to vest on March 11, 2028. The filing does not show any open-market purchases or sales; the main activity is the new RSU award and the ongoing vesting schedule.
Positive
- None.
Negative
- None.
Insights
Routine equity grant; no open-market trading signal.
The filing shows Stephanie A. Westington, EVP and Chief Accounting Officer, receiving a grant of 526 RSUs on June 26, 2026. Code A and a $0.0000 exercise price indicate a standard stock-based compensation award rather than a market transaction.
She also reports 3,305 common shares, including 420 time-based restricted shares, and an existing RSU schedule where 90 units vested on March 11, 2026 and additional tranches vest in 2027 and 2028. With no buys or sells recorded, this update is administratively important but carries neutral investment signaling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 526 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This amount includes 420 shares of time-based restricted common stock owned by Ms. Westington and 2,885 shares owned by Ms. Westington. Each restricted unit (RSU) represents a contingent right to receive one share of PFIS common stock. On 3/28/2025, Ms. Westington was granted 263 RSUs vesting in three annual installments beginning 3/11/2026. 90 RSUs vested on 3/11/2026 leaving 87 RSUs to vest on 3/11/2027 and 86 RSUs to vest on 3/11/2028. On 6/26/2026, Ms. Westington was granted 526 RSUs vesting in three annual installments beginning 6/26/2027.