Provident CFO receives 10,883-share performance award
LYONS THOMAS M reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
LYONS THOMAS M reported acquisition or exercise transactions in this Form 4 filing.
PROVIDENT FINANCIAL SERVICES INC senior executive vice president and CFO Thomas M. Lyons received 10,883 shares of common stock as a performance-vesting stock award on May 20, 2026, at a stated price of $0.0000 per share. These awards were originally granted on May 20, 2024 and vested after the company met specified performance criteria.
Following this vesting event, Lyons directly holds 240,438 shares of common stock. He also has additional indirect holdings through retirement accounts, including 89,665 shares held by a 401(k) plan and 6,798 shares held by an IRA, reflecting long-term equity-based compensation rather than open-market buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 10,883 | $0.00 | $0.00 |
| 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
Performance-vesting stock awards financial
401(k) financial
IRA financial
Grant, award, or other acquisition financial
FAQ
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What insider transaction did PFS CFO Thomas Lyons report on this Form 4?
What is the significance of the performance-vesting stock awards for PFS investors?
AI-generated analysis. How Rhea-AI works. Not financial advice.