Director Wright (PFIS) receives 297-share equity grant
Rhea-AI Filing Summary
Peoples Financial Services Corp. director Joseph T. Wright Jr. reported receiving a stock award of 297 shares of common stock on January 30, 2026 under the company’s director compensation plan, at a reported price of $0 per share.
After this grant, he beneficially owns 43,939.4127 common shares directly. This total includes 3.000 shares acquired in 2025 through the issuer’s Dividend Reinvestment and Stock Purchase Plan.
Positive
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Negative
- None.
FAQ
What insider transaction did PFIS report for Joseph T. Wright Jr.?
The filing shows director Joseph T. Wright Jr. received a stock award of 297 shares of Peoples Financial Services Corp. common stock on January 30, 2026. The transaction was coded as an acquisition at a reported price of $0 per share.
How many PFIS shares does Joseph T. Wright Jr. beneficially own after this transaction?
After the reported transaction, Joseph T. Wright Jr. beneficially owns 43,939.4127 shares of Peoples Financial Services Corp. common stock. This figure reflects his direct holdings and includes a small amount acquired through the company’s Dividend Reinvestment and Stock Purchase Plan.
What type of compensation did the PFIS director receive in this Form 4 filing?
The director received an equity-based stock award of 297 common shares. The filing states this grant was made pursuant to Peoples Financial Services Corp.’s director compensation plan, indicating it is part of his regular board compensation rather than an open-market purchase.
Was cash paid for the 297 PFIS shares reported in the Form 4?
No cash was paid according to the filing. The 297 shares of common stock were reported with a transaction price of $0 per share, reflecting an awarded grant under the company’s director compensation plan rather than a traditional purchase.
What role did the Dividend Reinvestment and Stock Purchase Plan play in Wright’s PFIS holdings?
The filing notes that Wright’s 43,939.4127 total shares include 3.000 shares acquired in 2025 under the issuer’s Dividend Reinvestment and Stock Purchase Plan. This indicates a portion of his holdings came from reinvested dividends and plan-based purchases.
Is the PFIS insider ownership reported as direct or indirect for this transaction?
The Form 4 identifies Wright’s ownership following the transaction as direct. The 43,939.4127 shares of Peoples Financial Services Corp. common stock, including the newly granted 297 shares, are all reported under direct beneficial ownership with no separate indirect ownership entity noted.