Peoples Financial (PFIS) Director Reports 1,000-Share Purchase
Rhea-AI Filing Summary
Peoples Financial Services Corp. director Richard S. Lochen Jr. reported an insider purchase of common stock on Form 4. The filing shows a transaction dated 08/06/2025 with Transaction Code P for 1,000 shares at a price of $47.6725 per share. After the reported transaction, Mr. Lochen beneficially owned 18,319.023 shares directly.
The filing also discloses indirect holdings of 4,246.031 shares held in an IRA and 165.93 shares reported as custodian under UTMA/PA (two custodial lines are shown). Small amounts included in the totals were acquired under the issuer's Dividend Reinvestment and Stock Purchase Plan, and the Form 4 is signed by an attorney-in-fact on behalf of Mr. Lochen on 08/08/2025.
Positive
- Insider purchase disclosed: 1,000 common shares acquired on 08/06/2025 at $47.6725 per share
- Clear post-transaction holdings: Direct beneficial ownership reported as 18,319.023 shares
Negative
- None.
Insights
TL;DR Director acquired 1,000 PFIS shares at $47.6725; transaction is a modest insider purchase and is informational for ownership tracking.
The Form 4 records a purchase dated 08/06/2025 showing a direct increase to 18,319.023 shares owned. The disclosure includes purchase price and post-transaction holdings, allowing investors to update insider ownership metrics. No derivatives or option exercises are reported. Given the absolute size shown, this single trade provides limited standalone information about corporate prospects but is relevant for monitoring insider activity.
TL;DR Filing documents direct and indirect ownership and uses attorney-in-fact signature; includes DRP activity in explanatory notes.
The report identifies Mr. Lochen as a director and lists both direct and indirect holdings, including IRA and UTMA custodial positions. Explanatory notes specify that certain fractional shares arose from the issuer's Dividend Reinvestment and Stock Purchase Plan. The Form 4 is executed by an attorney-in-fact, which is an important procedural detail for recordkeeping and compliance reviews.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $47.6725 | $48K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This amount includes 96.699 shares acquired on March 14, 2025 and 93.378 shares acquired on June 13, 2025 under the Issuer's Dividend Reinvestment and Stock Purchase Plan (DRP) jointly with his spouse. This amount includes 2.148 shares acquired on March 14, 2025 and 2.074 shares acquired on June 13, 2025 under the DRP.
