Provident Financial EVP sells 3,000 shares at $23.36
Rhea-AI Filing Summary
PROVIDENT FINANCIAL SERVICES INC (PFS) executive James A. Christy, EVP and Chief Risk Officer of Provident Bank, reported selling 3,000 shares of common stock on September 14, 2026 at $23.36 per share in a sale described as an open market or private transaction. After this sale, he held 43,083 shares directly and an additional 27,177 shares indirectly through a 401(k) plan, with those plan-related movements described as transactions not required to be reported under Section 16 of the Securities Exchange Act of 1934. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,000 shares
Net Sell
2 txns
Insider
Christy James A.
Role
EVP, CRO of Provident Bank
Sold
3,000 shs ($70K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,000 | $23.36 | $70K |
| holding | Common Stock F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 43,083 shares (Direct);
Common Stock — 27,177 shares (Indirect, By 401(k))
Footnotes (1)
- F1. Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
Key Figures
Shares sold: 3,000 shares
Sale price per share: $23.36 per share
Direct holdings after transaction: 43,083 shares
+2 more
5 metrics
Shares sold
3,000 shares
Common stock sale by James A. Christy on September 14, 2026
Sale price per share
$23.36 per share
Price for the 3,000 Provident Financial Services shares sold
Direct holdings after transaction
43,083 shares
Common stock directly owned by James A. Christy after the sale
Indirect 401(k) holdings
27,177 shares
Common stock held indirectly by James A. Christy through a 401(k) plan
Net share change from reported trades
3,000 shares disposed
Net effect of reported buy/sell activity for the period
Key Terms
Section 16 of the Securities Exchange Act of 1934, 401(k), Common Stock
3 terms
Section 16 of the Securities Exchange Act of 1934 regulatory
"Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934"
A provision of federal securities law that requires company insiders—directors, officers and large shareholders—to publicly report their stock holdings and trades and to surrender any “short-swing” profits from purchases and sales within a six-month window. It acts like a rule that forces leaders to announce their trades and prevents quick buy-sell windfalls, giving investors transparency into insider activity and reducing opportunities for unfair gain.
401(k) financial
"Indirect ownership of common stock is reported as held By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
Common Stock financial
"James A. Christy reported transactions in shares of 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PFS executive James A. Christy report?
James A. Christy reported selling 3,000 shares of Provident Financial Services common stock on September 14, 2026 at $23.36 per share in a transaction described as an open market or private sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.