Provident Financial (PFS) Director Disposes 25,000 Shares; Weighted Avg $19.91

Rhea-AI Filing Summary

John Pugliese, identified as a Director of Provident Financial Services Inc. (PFS), sold 25,000 shares of the issuer's common stock on 09/11/2025. The reported weighted-average sale price was $19.91 per share, with individual trade prices ranging from $19.89 to $19.97. After the transaction, the reporting person beneficially owned 87,907 shares, reported as direct ownership. The Form 4 includes a footnote offering to provide detailed per-trade quantities and prices upon request, and the filing was signed under power of attorney.

Positive

• Disclosure of insider sale completed via Form 4, meeting reporting requirements
• Detailed price range provided ($19.89–$19.97) with offer to supply per-trade details

Negative

• Director reduced direct holdings by 25,000 shares, lowering insider stake to 87,907 shares
• No context provided in the filing about the reason for the sale or relation to overall holdings or trading plan

Insights

Corporate Governance Expert

TL;DR: Director sale disclosed; ownership reduced but still non-trivial at 87,907 shares.

The Form 4 reports an outright sale of 25,000 common shares by a company director. The filing is procedural and provides the weighted-average price and the disclosed price range, with an explicit offer to provide per-trade details. This disclosure satisfies Section 16 transparency requirements and enables stakeholders to track insider liquidity. The filing does not show any derivative transactions or indications of accelerated disposition beyond the sale itself.

Securities Analyst

TL;DR: Transaction is a straightforward insider sale with limited immediate market or operational implications.

From a market-materiality perspective, the sale of 25,000 shares at a roughly $19.91 weighted-average price is factual but not clearly material to the company’s valuation absent additional context such as total float or volume. The remaining direct beneficial ownership is reported at 87,907 shares. No acquisitions, options, or other derivative activity are disclosed in this filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Pugliese John

(Last) (First) (Middle)

239 WASHINGTON STREET

(Street)

JERSEY CITY NJ 07302

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROVIDENT FINANCIAL SERVICES INC [ PFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/11/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/11/2025		S		25,000	D	$19.91(1)	87,907	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.89 to $19.97, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, of the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.

Remarks:

	/s/Chao Huang, Pursuant to Power of Attorney	09/12/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who sold shares according to the Form 4 for PFS?

The reporting person is John Pugliese, identified as a Director of Provident Financial Services Inc.

How many PFS shares were sold and at what price?

The Form 4 reports a sale of 25,000 shares at a weighted-average price of $19.91, with trade prices between $19.89 and $19.97.

What was the reporting person's beneficial ownership after the transaction?

After the sale the reporting person beneficially owned 87,907 shares, reported as direct ownership.

Did the Form 4 disclose any derivative transactions or option exercises?

No. Table II for derivative securities contains no entries; only a non-derivative common stock sale is reported.

Is there additional trade-level pricing information available?

Yes. The footnote states the price is a weighted average and the reporting person offers to provide per-trade quantities and prices upon request.