Provident Financial (NYSE: PFS) officer disposes shares for taxes
Rhea-AI Filing Summary
Provident Financial Services EVP and Chief Credit Officer James M. Nigro reported a tax-related share disposition. On February 27, 2026, he disposed of 3,831 shares of common stock at $21.04 per share to satisfy tax withholding obligations.
After this transaction, Nigro directly owns 97,677 shares of Provident Financial Services common stock. The filing classifies the move as a payment of tax liability by delivering securities, rather than an open-market sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nigro James M.
Role
EVP and Chief Credit Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,831 | $21.04 | $81K |
Holdings After Transaction:
Common Stock — 97,677 shares (Direct)
Footnotes (1)
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Provident Financial (PFS) report for James M. Nigro?
James M. Nigro reported a tax-withholding share disposition. On February 27, 2026, he disposed of 3,831 shares of Provident Financial common stock at $21.04 per share to cover tax liabilities, as reflected in a Form 4 filing.
What does transaction code F mean in the Provident Financial (PFS) Form 4 for James M. Nigro?
Transaction code F indicates a tax-withholding disposition. The filing describes it as payment of an exercise price or tax liability by delivering securities, distinguishing it from a standard voluntary open-market purchase or sale of Provident Financial shares.
Is James M. Nigro a director or officer at Provident Financial (PFS) in this Form 4?
Nigro is an officer of Provident Financial Services. The Form 4 identifies him as Executive Vice President and Chief Credit Officer, and the reported common stock transaction relates to his position as a company officer rather than a ten percent owner.