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Provident Financial (NYSE: PFS) insider to sell 20,000 shares

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

PROVIDENT FINANCIAL SERVICES INC (PFS) received a Rule 144 notice from insider Vito Giannola regarding a proposed sale of company stock. The notice covers up to 20,000 shares of common stock, to be sold through Charles Schwab Corp, with an indicated aggregate market value of $487,600.00. The shares derive from a stock grant dated 07/01/2020 classified as equity compensation, with a proposed sale date of 08/18/2026 and listing on the NYSE.

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Shares to be sold 20,000 shares Common stock covered by the Rule 144 notice
Aggregate market value $487,600.00 Estimated value of 20,000 shares to be sold
CUSIP 130422618 Identifier listed for the common stock in the notice
Grant date 07/01/2020 Date of stock grant classified as equity compensation
Proposed sale date 08/18/2026 Date associated with the planned Rule 144 sale
Exchange NYSE Exchange where the common stock is listed for trading
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.
Equity Compensation financial
"20000 | 07/01/2020 | 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.
Stock Grant financial
"Common | 07/01/2020 | Stock Grant | Issuer"
A stock grant is an award of company shares given to an individual, often as part of compensation for employees or executives. It matters to investors because grants can change the number of shares outstanding (dilution) and signal how company leaders are being paid and motivated—think of it like receiving a slice of the company as part of your paycheck, which can affect ownership and future share supply.

FAQ

What insider transaction did PFS disclose in this Form 144 filing?

The filing reports that Vito Giannola intends to sell up to 20,000 shares of PROVIDENT FINANCIAL SERVICES INC common stock under Rule 144. The shares are planned to be sold through Charles Schwab on the NYSE.

How many PFS (PROVIDENT FINANCIAL SERVICES INC) shares are covered by this Form 144?

The notice covers 20,000 shares of PFS common stock. These shares are associated with a stock grant dated 07/01/2020 and are classified as equity compensation for the reporting person, Vito Giannola.

What is the estimated market value of the PFS shares in this Form 144?

The Form 144 lists an aggregate market value of $487,600.00 for the 20,000 shares of PFS common stock. This value reflects the estimated market price at the time the notice was prepared for the planned Rule 144 sale.

When were the PFS shares proposed to be sold in this Form 144 notice?

The shares are shown with a proposed sale date of 08/18/2026. This date appears in the securities information section alongside the NYSE listing, indicating when the Rule 144 sale is expected to occur, subject to market conditions and applicable rules.

What is the origin of the PFS shares being sold under Rule 144?

The 20,000 PFS shares come from a stock grant dated 07/01/2020. The filing describes this as Equity Compensation from the issuer, PROVIDENT FINANCIAL SERVICES INC, awarded to the reporting person, Vito Giannola.

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

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Learn about SEC filing dates

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature