Peoples Financial Services (PFIS) Form 4: 804 RSU grant reported
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Drobins Jeffrey A
Role
EVP/CHIEF LENDING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 804 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 804 shares (Direct)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of PFIS common stock. 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. The restricted stock units vest in three equal annual installments beginning March 11, 2026. The restricted stock units vest in seven equal annual installments beginning August 29, 2026.
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.
What is the reporting person’s relationship to PFIS?
He is an officer, serving as EVP/Chief Lending Officer.