Provident Financial officer plans 5K share sale
PROVIDENT FINANCIAL SERVICES INC (PFS) received a Form 144 notice indicating that officer James A. Christy plans to sell 5,000 shares of common stock through Charles Schwab on or after September 4, 2026 on the NYSE under Rule 144.
Rhea-AI Filing Summary
PROVIDENT FINANCIAL SERVICES INC (PFS) received a Form 144 notice indicating that officer James A. Christy plans to sell 5,000 shares of common stock through Charles Schwab on or after September 4, 2026 on the NYSE under Rule 144.
The shares relate to restricted stock awards granted on March 2, 2024, March 3, 2024, and March 4, 2025 as equity compensation.
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Key Figures
Shares proposed for sale: 5,000 shares
Aggregate market value: $118,850.00
Restricted stock award 1: 162 shares
+3 more
6 metrics
Shares proposed for sale
5,000 shares
Common stock covered by the Rule 144 notice
Aggregate market value
$118,850.00
Value associated with the 5,000 shares in the Form 144
Restricted stock award 1
162 shares
Common stock from a restricted stock award dated March 2, 2024
Restricted stock award 2
4,504 shares
Common stock from a restricted stock award dated March 3, 2024
Restricted stock award 3
334 shares
Common stock from a restricted stock award dated March 4, 2025
Proposed sale date
September 4, 2026
Date associated with the planned NYSE sale under Rule 144
Key Terms
Rule 144, restricted stock award, equity compensation
3 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
restricted stock award financial
"COMMON | 03/02/2024 | RESTRICTED STOCK AWARD | ISSUER"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
equity compensation financial
"03/02/2024 | EQUITY COMPENSATION"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
FAQ
What does the Form 144 filing involving PFS disclose?
It discloses that officer James A. Christy has notified of an intended sale under Rule 144 of 5,000 shares of PROVIDENT FINANCIAL SERVICES INC common stock through Charles Schwab on or after September 4, 2026 on the NYSE.
AI-generated analysis. How Rhea-AI works. Not financial advice.