Peoples Financial EVP exercises 246 RSUs

PEOPLES FINANCIAL SERVICES CORP.

Rhea-AI Filing Summary

PEOPLES FINANCIAL SERVICES CORP. Executive Vice President and General Counsel Mary Griffin Cummings exercised 246 restricted stock units into common stock on March 11, 2026. These RSUs convert into common stock on a one-for-one basis. To cover tax obligations, 83 common shares were withheld at $51.80 per share, leaving a net increase of 163 shares.

After these transactions, she directly holds 6,840 shares of common stock, a figure that includes 876 shares of time-based restricted common stock and 5,964 other directly owned shares. She also has 477 RSUs outstanding from a 723-unit grant made on March 28, 2025, with 239 RSUs scheduled to vest on March 11, 2027 and 238 RSUs on March 11, 2028.

Insider Trade Summary

246 shares exercised/converted

Exercise 3 txns

Insider Cummings Mary Griffin

Role EVP/GENERAL COUNSEL

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Unit	246	$0.00	$0.00
Exercise	Common Stock	246	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	83	$51.80	$4K

Holdings After Transaction: Restricted Stock Unit — 477 contracts (Direct); Common Stock — 6,840 shares (Direct)

Footnotes (4)

1. F1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis.
2. F2. This amount includes 876 shares of time based restricted common stock and 5,964 shares owned by Ms. Cummings.
3. F3. On 3/28/2025, Ms. Cummings was granted 723 RSUs vesting in three annual installments beginning 3/11/2026.
4. F4. 246 RSUs vested on 3/11/2026 leaving 239 RSUs to vest on 3/11/2027 and 238 RSUs to vest on 3/11/2028.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did PFIS executive Mary Cummings report?

Mary Griffin Cummings exercised 246 restricted stock units into common stock. The RSUs convert one-for-one, and the transaction increased her direct common share holdings after accounting for shares withheld for taxes.

How many PFIS shares does Mary Cummings hold after this Form 4?

After the reported transactions, Mary Cummings directly holds 6,840 common shares. This figure includes 876 shares of time-based restricted common stock and 5,964 other directly owned shares in PEOPLES FINANCIAL SERVICES CORP.

Were any PFIS shares sold on the open market in this Form 4?

No open-market sales were reported. The 83 PFIS common shares shown with code F were withheld by the issuer to satisfy tax or exercise obligations, which is a non-market tax-withholding disposition, not a discretionary sale.

What is the vesting schedule of Mary Cummings’ PFIS RSUs?

Cummings received 723 RSUs on March 28, 2025, vesting in three annual installments. After 246 vested on March 11, 2026, 239 RSUs remain scheduled to vest on March 11, 2027 and 238 RSUs on March 11, 2028.

What price was used for the PFIS tax-withholding shares?

The 83 PFIS common shares withheld for tax obligations were valued at $51.80 per share. This price applies to the tax-withholding disposition recorded under transaction code F in the Form 4 filing.

How many PFIS RSUs does Mary Cummings still hold after this transaction?

Following the vesting of 246 RSUs, Cummings continues to hold 477 RSUs. These remaining units are scheduled to vest in two future tranches: 239 RSUs on March 11, 2027 and 238 RSUs on March 11, 2028.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/13/2026 - 04:30 PM Learn about SEC filing dates

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^*

Cummings Mary Griffin

(Last) (First) (Middle)

C/O PEOPLES SECURITY BANK & TRUST CO.

30 E D PREATE DRIVE

(Street)

MOOSIC PA 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)
	EVP/GENERAL COUNSEL

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	03/11/2026		M		246	A	(1)	6,923	D
Common Stock	03/11/2026		F		83	D	$51.8	6,840(2)	D

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 Unit	(1)	03/11/2026		M			246	(3)	(3)	Common Stock	246	$0	477(4)	D

Explanation of Responses:

1. Restricted stock units (RSUs) convert into common stock on a one-for-one basis.

2. This amount includes 876 shares of time based restricted common stock and 5,964 shares owned by Ms. Cummings.

3. On 3/28/2025, Ms. Cummings was granted 723 RSUs vesting in three annual installments beginning 3/11/2026.

4. 246 RSUs vested on 3/11/2026 leaving 239 RSUs to vest on 3/11/2027 and 238 RSUs to vest on 3/11/2028.

	/s/ James M. Bone, Jr., CPA, As Attorney in Fact for Mary Griffin Cummings, Esquire	03/13/2026
	** 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.