Peoples Financial Services (PFIS) Form 4: 804 RSU grant reported

Rhea-AI Filing Summary

Peoples Financial Services Corp. (PFIS) reported an insider equity change for EVP/Chief Lending Officer Jeffrey Drobins. On October 31, 2025, he was granted 804 restricted stock units (RSUs) at $0, following the forfeiture of 804 RSUs previously granted on March 28, 2025.

The new 804 RSUs vest in three equal annual installments beginning March 11, 2026. He also reports 11,763 RSUs that vest in seven equal annual installments beginning August 29, 2026. Each RSU represents the right to receive one share of PFIS common stock.

SEC Form 4

FORM 4

UNITED 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

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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^*

Drobins Jeffrey A

(Last) (First) (Middle)

C/O PEOPLES SECURITY BANK & TRUST CO

30 E D PREATE DRIVE

(Street)

MOOSIC PA 18507

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PEOPLES FINANCIAL SERVICES CORP. [ PFIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP/CHIEF LENDING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
10/31/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	10/31/2025		A		804(2)		(3)	(3)	COMMON STOCK	804	$0	804	D
Restricted Stock Units	(1)							(4)	(4)	COMMON STOCK	11,763		11,763	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of PFIS common stock.

2. 804 restricted stock units that were previously granted to Mr. Drobins on March 28, 2025 were forfeited. On October 31, 2025 804 restricted stock units were granted to Mr. Drobins by the Company's Board of Directors.

3. The restricted stock units vest in three equal annual installments beginning March 11, 2026.

4. The restricted stock units vest in seven equal annual installments beginning August 29, 2026.

	/s/ Stephanie A. Westington, CPA, As Attorney-in-Fact for Jeffrey Drobins	11/04/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did PFIS (PFIS) disclose in this Form 4?

An award of 804 RSUs to EVP/Chief Lending Officer Jeffrey Drobins on October 31, 2025, at $0.

Were any prior PFIS awards affected?

Yes. 804 RSUs previously granted on March 28, 2025 were forfeited and a new 804 RSU grant was made on October 31, 2025.

What is the vesting schedule for the 804 RSUs?

They vest in three equal annual installments beginning March 11, 2026.

What other RSUs does the executive report holding?

He reports 11,763 RSUs that vest in seven equal annual installments beginning August 29, 2026.

How many PFIS shares does each RSU represent?

Each RSU represents the right to receive one share of PFIS common stock.

What is the reporting person’s relationship to PFIS?

He is an officer, serving as EVP/Chief Lending Officer.