PFIS (NASDAQ: PFIS) EVP reports stock grant and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Peoples Financial Services Corp. EVP and Chief Human Resources Officer Amy Vieney reported equity awards and related tax withholding in company stock. She acquired 706 shares of common stock as a grant at no cost and disposed of 238 shares at $53.60 per share to cover tax obligations through share delivery.
After these transactions, she directly holds 729.058 common shares, including 155 shares of time-based restricted common stock and 574.058 other directly owned shares. She also reports 277 restricted stock units outstanding, each representing one share of PFIS common stock, vesting in three equal annual installments beginning on 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 | 706 | $0.00 | -- |
| Tax Withholding | Common Stock | 238 | $53.60 | $13K |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 967.058 shares (Direct);
Restricted Stock Units — 277 shares (Direct)
Footnotes (1)
- This amount includes 155 shares of time based restricted common stock solely owned by Ms. Vieney and 574.0580 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.
FAQ
What insider transactions did PFIS executive Amy Vieney report on this Form 4?
Amy Vieney reported a stock grant and related tax withholding. She acquired 706 shares of PFIS common stock as a grant and disposed of 238 shares to satisfy tax liabilities by delivering shares instead of cash.
How were taxes handled on Amy Vieney’s PFIS stock award?
Taxes were covered through a share-based withholding transaction. Vieney disposed of 238 PFIS common shares at $53.60 per share, using those delivered shares to pay the tax liability tied to her equity award instead of paying cash.
What PFIS common stock does Amy Vieney directly own after these transactions?
After the grant and tax withholding, Vieney directly owns 729.058 PFIS common shares. This total includes 155 shares of time-based restricted common stock and 574.058 other directly held shares, reflecting her updated post-transaction ownership position.
What restricted stock units (RSUs) does Amy Vieney hold in PFIS?
Vieney reports holding 277 PFIS restricted stock units. Each RSU represents a contingent right to receive one share of PFIS common stock, providing additional potential future ownership beyond her currently owned common and restricted shares.
When do Amy Vieney’s PFIS restricted stock units vest?
The 277 restricted stock units vest in three equal annual installments. Vesting begins on March 11, 2026, meaning one-third of the units become deliverable each year over a three-year schedule, subject to the applicable award terms.