[Form 4] Peoples Financial Services Corp. Insider Trading Activity

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).

Insights

Financial Analyst

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.

Corporate Governance Expert

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.

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^*

BONE JAMES M JR

(Last) (First) (Middle)

C/O PEOPLES SECURITY BANK & TRUST CO

102 E. DRINKER ST.

(Street)

DUNMORE PA 18512

(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 FINANCIAL OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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
Common Stock	08/07/2025		G		100	D	$0	10,479.099(1)	D
Common Stock								155.7294	I	By Spouse

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	(2)	03/28/2025		A		932		(3)	(3)	COMMON STOCK	932	$0	932	D

Explanation of Responses:

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.

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

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

	/s/ Stephanie A. Westington, CPA as Attorney in Fact for James Bone, Jr., CPA	08/11/2025
	** 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 insider transactions did PFIS CFO James Bone report on this Form 4?

He reported acquiring 100 shares of PFIS common stock on 08/07/2025 and a grant of 932 restricted stock units dated 03/28/2025.

How many PFIS shares does James Bone beneficially own after the reported transaction?

He beneficially owns 10,479.099 shares directly following the reported transaction and 155.7294 shares indirectly through his spouse.

When do the 932 restricted stock units vest?

The 932 RSUs vest in three equal annual installments beginning March 11, 2026.

What is the composition of James Bone's disclosed holdings?

The filing lists 1,128 time‑based restricted shares solely owned, 8,384 held jointly with his spouse, 890 co‑owned with family, and 77.0994 solely owned (including 0.960 shares from a DRIP purchase on 6/13/2025).

Who signed the Form 4 on behalf of James Bone?

The Form 4 was signed by Stephanie A. Westington, CPA as attorney‑in‑fact for James Bone Jr.