STOCK TITAN

PEOPLES FINANCIAL (NASDAQ: PFIS) awards 526 RSUs to EVP

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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 Westington Stephanie A.
Role EVP/CHIEF ACCOUNTING OFF
Type Security Shares Price Value
Grant/Award Restricted Stock Units 526 $0.00 --
holding Restricted Stock Units -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 526 shares (Direct, null); Common Stock — 3,305 shares (Direct, null)
Footnotes (1)
  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.
New RSU grant 526 Restricted Stock Units Granted on June 26, 2026
Common shares held 3,305 shares Total common stock holdings after reported update
Time-based restricted common 420 shares Included within 3,305 common shares held
Other common shares 2,885 shares Non-restricted common shares held directly
Prior RSU grant 263 RSUs Granted March 28, 2025
RSUs vested 90 RSUs Vested on March 11, 2026 from 263-unit grant
Future vesting tranches 87 and 86 RSUs Scheduled to vest March 11, 2027 and March 11, 2028
Restricted Stock Units financial
"The filing reports 526 Restricted Stock Units and 90 existing Restricted Stock Units."
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.
time-based restricted common stock financial
"This amount includes 420 shares of time-based restricted common stock owned by Ms. Westington."
grant/award acquisition financial
"The RSU transaction is coded as a grant/award acquisition with transaction code A."
contingent right financial
"Each restricted unit (RSU) represents a contingent right to receive one share of PFIS common stock."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Westington Stephanie A.

(Last)(First)(Middle)
C/O PEOPLES SECURITY BANK & TRUST CO.
30 E D PREATE DRIVE

(Street)
MOOSIC PENNSYLVANIA 18507

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
PEOPLES FINANCIAL SERVICES CORP. [ PFIS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP/CHIEF ACCOUNTING OFF
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/26/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock3,305(1)D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(2) (3) (3)Common Stock90173(4)D
Restricted Stock Units(2)06/26/2026A526 (5) (5)Common Stock526$0526D
Explanation of Responses:
1. This amount includes 420 shares of time-based restricted common stock owned by Ms. Westington and 2,885 shares owned by Ms. Westington.
2. Each restricted unit (RSU) represents a contingent right to receive one share of PFIS common stock.
3. On 3/28/2025, Ms. Westington was granted 263 RSUs vesting in three annual installments beginning 3/11/2026.
4. 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.
5. On 6/26/2026, Ms. Westington was granted 526 RSUs vesting in three annual installments beginning 6/26/2027.
/s/ James M. Bone, Jr., CPA Attorney in Fact for Stephanie A. Westington, CPA06/30/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did PFIS executive Stephanie Westington report in this Form 4 for PFIS?

Stephanie A. Westington reported an equity compensation update, including a grant of 526 Restricted Stock Units and her current common stock holdings, rather than any open-market share purchases or sales.

How many Restricted Stock Units did PFIS grant to Stephanie Westington?

On June 26, 2026, PFIS granted Stephanie Westington 526 Restricted Stock Units. Each RSU represents a contingent right to receive one share of PEOPLES FINANCIAL SERVICES CORP. common stock under the company’s equity compensation program.

How many PFIS common shares does Stephanie Westington hold after these transactions?

After the reported transactions, Stephanie Westington holds 3,305 PFIS common shares. This total includes 420 shares of time-based restricted common stock and 2,885 other common shares held directly in her name.

Were there any open-market buys or sells by Stephanie Westington in this PFIS Form 4?

No, the Form 4 does not show any open-market buys or sells. The filing instead reflects an RSU grant and updated holdings, indicating routine stock-based compensation activity rather than discretionary trading in PFIS shares.

What is the vesting schedule for Stephanie Westington’s earlier PFIS RSU grant?

From a March 28, 2025 grant of 263 RSUs, 90 units vested on March 11, 2026. The remaining 87 RSUs are scheduled to vest on March 11, 2027, and 86 RSUs are scheduled to vest on March 11, 2028, in annual installments.

What does each PFIS Restricted Stock Unit represent for Stephanie Westington?

Each Restricted Stock Unit represents a contingent right to receive one share of PFIS common stock. The units do not require a cash exercise price and convert into shares as they vest according to the specified schedule.