Director Brian Flynn receives 4,012-share stock grant at Provident Financial (NYSE: PFS)
Rhea-AI Filing Summary
Flynn Brian reported acquisition or exercise transactions in this Form 4 filing.
PROVIDENT FINANCIAL SERVICES INC director Brian Flynn received a grant of 4,012 shares of common stock as equity compensation. The award was made at a stated price of $0.00 per share, indicating a restricted stock grant rather than a market purchase.
Following this grant, Flynn directly holds 54,026 shares of Provident Financial Services common stock. The restricted stock will 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,012 shares
Net Buy
1 txn
Insider
Flynn Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 4,012 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 54,026 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 grant: 4,012 shares
Grant price: $0.00 per share
Shares held after grant: 54,026 shares
+1 more
4 metrics
Restricted stock grant
4,012 shares
Common Stock grant to director Brian Flynn on 2026-05-26
Grant price
$0.00 per share
Stated transaction price for restricted stock award
Shares held after grant
54,026 shares
Total direct holdings for Brian Flynn following transaction
Vesting condition
Earlier of 1-year anniversary or next annual meeting
Restricted stock vesting trigger per footnote F1
Key Terms
restricted stock, annual meeting of stockholders, Grant, award, or other acquisition
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
"or the next annual meeting of stockholders which is at least 50 weeks after"
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Provident Financial Services (PFS) report for Brian Flynn?
Provident Financial Services reported that director Brian Flynn received a grant of 4,012 shares of common stock as restricted stock. The grant was recorded at a price of $0.00 per share, reflecting an equity compensation award rather than an open-market purchase.
Was the Provident Financial Services (PFS) Form 4 transaction a stock purchase or a grant?
The Form 4 shows a grant of restricted stock to Brian Flynn, not an open-market stock purchase. The transaction code is “A” for grant or award, and the shares were issued at a stated price of $0.00 per share as equity compensation.
What are the vesting terms of Brian Flynn’s restricted stock grant at Provident Financial Services (PFS)?
The 4,012-share restricted stock grant to Brian Flynn will 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 immediately preceding year's annual meeting, according to the disclosed footnote.
Does the Provident Financial Services (PFS) Form 4 indicate any stock sales by Brian Flynn?
The Form 4 does not report any stock sales by Brian Flynn. It records only an acquisition of 4,012 shares through a restricted stock grant, increasing his direct holdings to 54,026 shares of Provident Financial Services common stock after the transaction.