Provident Financial exec gets stock grant, tax move
Provident Financial Services executive Thomas Shara reported stock-based compensation and related tax withholding.
Rhea-AI Filing Summary
Provident Financial Services executive Thomas Shara reported stock-based compensation and related tax withholding. On March 3, 2026, he acquired 9,136 shares of common stock as a grant of time-vesting restricted stock that vests 33.3% per year through March 3, 2029. On the same date, 1,091 shares were disposed of at $21.42 per share to cover tax obligations by delivering shares. Following these transactions, his directly held common stock increased to 87,641 shares, and an additional 439,077 shares are reported as indirectly owned by a family trust, held by his wife as trustee for his wife and son.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,091 | $21.42 | $23K |
| Grant/Award | Common Stock | 9,136 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Shares held by wife as trustee for wife and son.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Provident Financial (PFS) executive Thomas Shara report?
What are Thomas Shara’s direct Provident Financial (PFS) holdings after these transactions?
What indirect Provident Financial (PFS) holdings are reported for Thomas Shara’s family trust?
How do the vesting terms work for Thomas Shara’s new Provident Financial (PFS) restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.