Provident Financial (NYSE: PFS) SVP details 6,566-share ownership
Rhea-AI Filing Summary
Provident Financial Services, Inc. officer Diane Gigliotti, SVP & CAO of Provident Bank, reports direct ownership of 6,566 shares of Common Stock. These holdings include time-vesting restricted stock that vests 33.3% per year through periods ending March 4, 2027 and March 3, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Gigliotti Diane
Role
SVP & CAO of Provident Bank
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock F1, F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 6,566 shares (Direct)
Footnotes (2)
- F1. Includes shares of time-vesting restricted stock that vest at a rate of 33.3% per year over a period ending March 4, 2027.
- F2. Includes shares of restricted stock vest at a rate of 33.3% per year over a period ending March 3, 2029.
Key Figures
Direct common shares owned: 6,566 shares
Restricted stock vesting rate: 33.3% per year
Restricted stock vesting end date 1: March 4, 2027
+1 more
4 metrics
Direct common shares owned
6,566 shares
Reported direct holdings for officer Diane Gigliotti
Restricted stock vesting rate
33.3% per year
Time-vesting restricted stock through period ending March 4, 2027
Restricted stock vesting end date 1
March 4, 2027
End of vesting period for one restricted stock grant
Restricted stock vesting end date 2
March 3, 2029
End of vesting period for another restricted stock grant
Key Terms
time-vesting restricted stock, restricted stock, Common Stock
3 terms
time-vesting restricted stock financial
"Includes shares of time-vesting restricted stock that vest at a rate of 33.3% per year"
restricted stock financial
"Includes shares of restricted stock vest at a rate of 33.3% per year over a period ending March 3, 2029"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Common Stock financial
"security_title": "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider ownership did Provident Financial (PFS) officer Diane Gigliotti report?
Diane Gigliotti reported direct ownership of 6,566 shares of Common Stock of Provident Financial Services, Inc. The reported amount includes time-vesting restricted stock awards that vest gradually at 33.3% per year through March 4, 2027 and March 3, 2029.
What kind of equity awards does Diane Gigliotti hold at Provident Financial (PFS)?
Her reported holdings include time-vesting restricted stock. These awards vest at a rate of 33.3% per year, with one grant vesting over a period ending March 4, 2027 and another over a period ending March 3, 2029.
What is the vesting schedule for Diane Gigliotti’s restricted stock at Provident Financial (PFS)?
Her restricted stock vests at 33.3% per year. One portion vests over a period ending March 4, 2027, and another portion vests over a period ending March 3, 2029, indicating multi-year retention-based incentives.
Does Diane Gigliotti’s Provident Financial (PFS) ownership report show any stock purchases or sales?
The report lists her holdings but shows no purchase or sale transactions. It presents 6,566 shares of Common Stock as directly owned, with the only additional details describing the vesting schedules of her restricted stock awards.