Provident Financial (PFS) awards 3,066-share restricted stock grant to board director
Rhea-AI Filing Summary
Regan Michael Edward reported acquisition or exercise transactions in this Form 4 filing.
Provident Financial Services Inc. director Michael Edward Regan received a grant of 3,066 shares of Common Stock as restricted stock on August 7, 2026. The award was granted at $0.00 per share and is scheduled to 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. Following this grant, Regan directly holds 3,066 shares of the company’s common stock.
Positive
- None.
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Insider Trade Summary
Net Buyer: 3,066 shares
Net Buy
1 txn
Insider
Regan Michael Edward
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 3,066 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 3,066 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 granted: 3,066 shares
Grant price per share: $0.00 per share
Shares held after transaction: 3,066 shares
+1 more
4 metrics
Restricted stock granted
3,066 shares
Common Stock award granted to director Michael Edward Regan on August 7, 2026
Grant price per share
$0.00 per share
Restricted stock grant to Michael Edward Regan
Shares held after transaction
3,066 shares
Direct holdings of Michael Edward Regan following the grant
Vesting period
One year or next qualifying annual meeting
Restricted stock vests on earlier of one-year anniversary or next annual meeting at least 50 weeks after prior one
Key Terms
restricted stock, annual meeting of stockholders, vesting
3 terms
restricted stock financial
"Grant of restricted stock will vest on the earlier of the one-year anniversary"
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
"the next annual meeting of stockholders which is at least 50 weeks after"
vesting financial
"Grant of restricted stock will vest on the earlier of the one-year anniversary"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity award did Provident Financial Services (PFS) director Michael Edward Regan receive?
Michael Edward Regan received a grant of 3,066 shares of Provident Financial Services common stock as restricted stock, awarded at $0.00 per share as part of his director compensation.
Was the PFS restricted stock grant to director Regan made under a 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 trading plan box was not checked, and there is no footnote stating the grant was made pursuant to a pre-arranged trading plan.