Provident EVP logs stock award and tax trades
Provident Financial Services EVP Valerie O. Murray reported a mix of equity compensation and related tax transactions in company common stock.
Rhea-AI Filing Summary
Provident Financial Services EVP Valerie O. Murray reported a mix of equity compensation and related tax transactions in company common stock. On March 3, she acquired 3,380 shares through a grant/award that vested based on performance criteria. To cover tax obligations, she disposed of 2,469 shares in three tax-withholding transactions on March 3 and March 4 at prices around $21.42–$21.55 per share. After these moves, she directly owns 75,022 common shares, with additional indirect holdings of 30,806 shares in a 401(k) plan and 500 shares in an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 562 | $21.55 | $12K |
| Exercise Price or Tax Liability | Common Stock | 774 | $21.42 | $17K |
| Grant/Award | Common Stock | 3,380 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,133 | $21.42 | $24K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Performance-vesting stock awards granted March 3, 2023 which vested based on meeting certain performance criteria.
- F2. Reflects transfer of 11,262 shares resulting from termination of ESOP and transfer into 401(k) Plan, and transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
FAQ
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What insider transactions did PFS executive Valerie O. Murray report?
What performance-based award did Valerie O. Murray receive at Provident Financial (PFS)?
AI-generated analysis. How Rhea-AI works. Not financial advice.