Peoples Financial (PFIS) Form 4: James Bone reports stock purchase and RSU grant
Rhea-AI Filing Summary
James M. Bone Jr., EVP and Chief Financial Officer of Peoples Financial Services Corp. (PFIS), reported acquiring 100 shares of PFIS common stock on 08/07/2025 (transaction code G). After the reported transaction he beneficially owns 10,479.099 shares directly and 155.7294 shares indirectly through his spouse.
The filing also shows a grant of 932 restricted stock units on 03/28/2025, each representing a contingent right to one share and vesting in three equal annual installments beginning March 11, 2026. The disclosure breaks down current holdings as 1,128 time‑based restricted shares solely owned, 8,384 shares held jointly with his spouse, 890 co‑owned with family, and 77.0994 shares solely owned (including 0.960 shares acquired under the issuer's dividend reinvestment plan on 6/13/2025).
Positive
- None.
Negative
- None.
Insights
TL;DR: CFO acquired a modest 100 shares and holds 932 RSUs that vest over three years; overall holdings total about 10,479 shares.
The filing documents a small open‑market/acquired transaction of 100 shares on 08/07/2025 and a separate grant of 932 RSUs on 03/28/2025 that convert one‑for‑one into common stock and vest in three equal annual installments beginning March 11, 2026. The reported direct beneficial ownership of 10,479.099 shares places the CFO among meaningful internal shareholders but the size of the single purchase is modest relative to total holdings. This appears to reflect routine compensation vesting plus a small additional acquisition rather than a material change in ownership.
TL;DR: Form 4 shows a Code G transaction, an RSU grant with a clear vesting schedule, and an attorney‑in‑fact signature; disclosure is detailed and routine.
The report includes transaction code G, a grant of 932 restricted stock units with explicit vesting beginning March 11, 2026, and a signed filing executed by an attorney‑in‑fact. The filing provides a clear breakdown of direct and indirect holdings, including jointly held and family co‑owned shares and a small DRIP acquisition. There are no explicit governance exceptions or corrective disclosures in the document itself.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 100 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| Grant/Award | Restricted Stock Units | 932 | $0.00 | -- |
Footnotes (1)
- This amount includes 1,128 shares of time-based restricted common stock solely owned by Mr. Bone: 8,384 shares held jointly with his spouse; 890 shares co-owned with Mr. Bone's father and siblings; and 77.0994 shares owned solely by Mr. Bone which includes 0.960 shares acquired 6/13/2025 under the Issuer's Dividend Reinvestment and Stock Purchase Plan. 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.
