PFS counsel reports stock awards, tax share withholdings
Provident Financial Services EVP and General Counsel Bennett MacDougall reported several equity award-related transactions in common stock.
Rhea-AI Filing Summary
Provident Financial Services EVP and General Counsel Bennett MacDougall reported several equity award-related transactions in common stock. On March 3, 2026, he acquired 1,474 shares from performance-vesting stock awards and 3,570 shares of time-vesting restricted stock, both granted at no cash cost.
On March 3 and March 4, shares totaling 472, 578, and 519 were disposed of at prices around $21.42–$21.55 per share to satisfy tax obligations through share withholding, rather than open-market sales. After these transactions, he held 19,379 shares directly and 1,212 shares indirectly through a 401(k), with prior ESOP shares transferred into the 401(k) plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 472 | $21.55 | $10K |
| Exercise Price or Tax Liability | Common Stock | 578 | $21.42 | $12K |
| Grant/Award | Common Stock | 1,474 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 519 | $21.42 | $11K |
| Grant/Award | Common Stock | 3,570 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Performance-vesting stock awards granted March 3, 2023 which vested based on meeting certain performance criteria.
- F2. 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.
- F3. Reflects transfer of 1,198 shares resulting from termination of ESOP and transfer into 401(k) Plan, and transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.
FAQ
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What did PFS executive Bennett MacDougall report in this Form 4 filing?
How do the restricted stock awards for PFS executive Bennett MacDougall vest?
Were any open-market purchases or sales of PFS stock reported by Bennett MacDougall?
AI-generated analysis. How Rhea-AI works. Not financial advice.