Provident Financial (NYSE: PFS) CEO gets stock awards and covers taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Provident Financial Services President and CEO Anthony J. Labozzetta reported compensation-related stock activity in common shares of PFS. On March 3, 2026, he acquired 8,387 performance-vesting shares and 15,319 time-vesting restricted shares, both granted at $0.00 per share under company plans.
To cover tax obligations, he disposed of 2,889, 2,873, and 1,858 shares on March 3–4, 2026 via tax-withholding dispositions, not open-market sales, at prices around $21.42–$21.55. After these transactions, he directly owned 558,964 shares, with additional indirect holdings in a 401(k), IRAs, and a family account.
Positive
- None.
Negative
- None.
Insider Trade Summary
10 transactions reported
Mixed
10 txns
Insider
LABOZZETTA ANTHONY J
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,858 | $21.55 | $40K |
| Tax Withholding | Common Stock | 2,889 | $21.42 | $62K |
| Grant/Award | Common Stock | 8,387 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,873 | $21.42 | $62K |
| Grant/Award | Common Stock | 15,319 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 558,964 shares (Direct);
Common Stock — 0 shares (Indirect, By ESOP)
Footnotes (1)
- Performance-vesting stock awards granted March 3, 2023 which vested based on meeting certain performance criteria. Grant of shares of time-vesting restricted stock that vest at a rate of 33.3% per year over a period ending March 3, 2029. Reflects transfer of 2,692 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
What did PFS CEO Anthony J. Labozzetta report in this Form 4 filing?
Anthony J. Labozzetta reported stock-based compensation activity in Provident Financial Services common shares. He received performance-vesting and time-vesting restricted stock awards and had shares withheld to cover related tax obligations, resulting in updated direct and indirect ownership positions across several personal and retirement accounts.