What was the nature of the 2,488-share PFIS transaction reported by Neal D. Koplin?

The 2,488-share transaction was a grant or award acquisition of PFIS common stock at a price of $0.0000 per share. It was coded as an “A” transaction, indicating a grant, award, or other acquisition of non-derivative common stock.

Why were 989 PFIS shares disposed of at $53.6000 per share on this Form 4?

The 989 PFIS shares disposed of at $53.6000 per share represent a tax-withholding disposition. The transaction is coded “F,” meaning shares were delivered to satisfy an exercise price or tax liability, rather than an open-market sale.

How do the restricted stock units affect Neal D. Koplin’s future PFIS share ownership?

The 950 restricted stock units could increase Neal D. Koplin’s PFIS common share ownership as they vest. Each unit converts into one share, subject to the three equal annual vesting schedule starting March 11, 2026, as long as vesting conditions are met.

PFIS (PFIS) banking chief awarded 2,488 shares, withholds 989 for taxes

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

PEOPLES FINANCIAL SERVICES CORP. executive receives stock award with related tax share disposition. Senior EVP and Chief Banking Officer Neal D. Koplin acquired 2,488 shares of common stock as a grant at $0.0000 per share and disposed of 989 shares at $53.6000 per share to cover tax obligations. After these transactions, he directly holds 10,621.211 common shares, including 537 time-based restricted shares and 10,084.211 other directly owned shares, plus indirect holdings through an IRA and a 401(k) plan. He also holds 950 restricted stock units that vest in three equal annual installments beginning on March 11, 2026.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider KOPLIN NEAL D

Role SR EVP/CHIEF BANKING OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	2,488	$0.00	--
Tax Withholding	Common Stock	989	$53.60	$53K
holding	Restricted Stock Units	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 11,610.211 shares (Direct); Restricted Stock Units — 950 shares (Direct); Common Stock — 435.006 shares (Indirect, IRA)

Footnotes (1)

This amount includes 537 shares of time based restricted common stock solely owned by Mr. Koplin and 10,084.2110 shares solely owned by Mr. Koplin. 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.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 04:30 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

KOPLIN NEAL D

(Last)

(First)

(Middle)

C/O PEOPLES SECURITY BANK & TRUST CO

30 E D PREATE DRIVE

(Street)

MOOSIC

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)
	SR EVP/CHIEF BANKING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	02/27/2026		A		2,488	A	$0	11,610.211	D
Common Stock	02/27/2026		F		989	D	$53.6	10,621.211⁽¹⁾	D
Common Stock								435.006	I	IRA
Common Stock								409	I	PSBT 401 (k) Profit Sharing Plan

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽²⁾							⁽³⁾	⁽³⁾	COMMON STOCK	950		950	D

Explanation of Responses:

1. This amount includes 537 shares of time based restricted common stock solely owned by Mr. Koplin and 10,084.2110 shares solely owned by Mr. Koplin.

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/ James M. Bone, Jr., As Attorney-in-Fact for Neal D. Koplin	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did PFIS executive Neal D. Koplin report on this Form 4?

Neal D. Koplin reported receiving a grant of 2,488 shares of PEOPLES FINANCIAL SERVICES CORP. common stock and a tax-withholding disposition of 989 shares. Both transactions occurred on February 27, 2026, and involved directly owned non-derivative common stock.

How many PFIS shares does Neal D. Koplin own directly after these transactions?

After these transactions, Neal D. Koplin directly owns 10,621.211 PFIS common shares. This total includes 537 shares of time-based restricted stock and 10,084.211 other directly owned common shares, as described in the accompanying footnote details.

What indirect PFIS holdings does Neal D. Koplin report in this filing?

Neal D. Koplin reports indirect ownership of 435.006 PFIS common shares through an IRA and 409 PFIS common shares through the PSBT 401(k) Profit Sharing Plan. These indirect positions are classified as non-derivative holdings with indirect ownership status.

What restricted stock units (RSUs) does Neal D. Koplin hold in PFIS and when do they vest?

He holds 950 restricted stock units, each representing a contingent right to receive one PFIS common share. These RSUs vest in three equal annual installments, beginning on March 11, 2026, according to the disclosed vesting schedule.