Director Nadine Duchemin-Leslie (PFS) awarded 4,012 restricted shares, holdings now 28,720
Rhea-AI Filing Summary
Duchemin-Leslie Nadine reported acquisition or exercise transactions in this Form 4 filing.
PROVIDENT FINANCIAL SERVICES INC director Nadine Duchemin-Leslie received a grant of 4,012 shares of Common Stock as equity compensation. The grant was awarded at no cash cost to her and increased her direct holdings to 28,720 shares.
The footnote explains this is restricted stock that will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders that occurs at least 50 weeks after the prior year’s annual meeting. Until vesting, the award remains subject to service and timing conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,012 shares
Net Buy
1 txn
Insider
Duchemin-Leslie Nadine
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,012 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 28,720 shares (Direct)
Footnotes (1)
- F1. Grant of restricted stock will vest on the earlier of the one-year anniversary of the date of grant or the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting.
Key Figures
Restricted stock grant: 4,012 shares
Price per share for grant: $0.0000
Shares owned after grant: 28,720 shares
+1 more
4 metrics
Restricted stock grant
4,012 shares
Common Stock grant on 2026-05-26
Price per share for grant
$0.0000
Equity compensation, no cash paid
Shares owned after grant
28,720 shares
Total direct holdings following transaction
Vesting condition
Earlier of 1-year anniversary or next eligible annual meeting
Restricted stock vesting terms from footnote
Key Terms
restricted stock, annual meeting of stockholders, Grant, award, or other acquisition
3 terms
restricted stock financial
"Grant of restricted stock will vest on the earlier of the one-year anniversary of the date of grant"
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.
annual meeting of stockholders financial
"or the next annual meeting of stockholders which is at least 50 weeks after the immediately preceding year's annual meeting"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did PFS director Nadine Duchemin-Leslie report?
Nadine Duchemin-Leslie reported receiving a grant of 4,012 shares of Provident Financial Services Common Stock. This was an equity compensation award, not an open-market purchase, and reflects additional stock-based pay for her service as a director.
Was the PFS stock grant to Nadine Duchemin-Leslie an open-market purchase?
No, the 4,012-share transaction was a grant of restricted stock at no cash cost, classified as a “Grant, award, or other acquisition.” It represents compensation in stock rather than a discretionary market purchase of Provident Financial Services shares.
Does the PFS Form 4 indicate any stock sales by Nadine Duchemin-Leslie?
No, the Form 4 shows only an acquisition via a restricted stock grant of 4,012 shares. There are no reported sales, dispositions, or derivative exercises in this filing, and the transaction code is classified solely as a grant or award acquisition.