PFS CEO reports equity grant and tax withholding
PROVIDENT FINANCIAL SERVICES INC President and CEO Anthony J. LaBozzetta reported routine equity compensation and related tax withholding in Common Stock.
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Rhea-AI Filing Summary
PROVIDENT FINANCIAL SERVICES INC President and CEO Anthony J. LaBozzetta reported routine equity compensation and related tax withholding in Common Stock. He received a grant of 30,410 shares at no cost, tied to performance-vesting stock awards granted on May 20, 2024 that vested after meeting performance criteria.
To satisfy tax obligations, 10,416 shares were disposed of through a tax-withholding mechanism at $22.15 per share, which is not an open-market sale. Following these transactions, he holds 578,958 shares directly, plus indirect holdings through his son, spouse’s IRA, his IRA, and a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 30,410 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 10,416 | $22.15 | $231K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. Performance-vesting stock awards granted May 20, 2024 which vested based on meeting certain performance criteria.
Key Figures
Key Terms
tax-withholding disposition financial
grant, award, or other acquisition financial
performance-vesting stock awards financial
401(k) financial
IRA financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did PFS CEO Anthony LaBozzetta report in this Form 4 filing?
Was there an open-market sale of PFS stock in this Form 4?
What indirect Provident Financial (PFS) holdings are reported for the CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.