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Provident Financial (NYSE: PFS) exec awarded 4,012 restricted shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SHARA THOMAS reported acquisition or exercise transactions in this Form 4 filing.

Provident Financial Services Executive Vice Chairman Shara Thomas reported an equity award and updated holdings. She received a grant of 4,012 shares of common stock as restricted stock, awarded at no cash cost.

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 is at least 50 weeks after the prior year’s meeting. After this grant, Thomas holds 91,653 common shares directly, and 439,077 common shares are reported as held indirectly by a family trust, with her wife serving as trustee for her wife and son.

Positive

  • None.

Negative

  • None.
Insider SHARA THOMAS
Role Executive Vice Chairman
Type Security Shares Price Value
Grant/Award Common Stock 4,012 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 91,653 shares (Direct, null); Common Stock — 439,077 shares (Indirect, By Family Trust)
Footnotes (1)
  1. 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. Shares held by wife as trustee for wife and son.
Restricted stock grant 4,012 shares Common Stock award to Executive Vice Chairman
Grant price $0.00 per share Restricted stock award at no cash cost
Direct holdings after grant 91,653 shares Common Stock held directly by Shara Thomas
Indirect family trust holdings 439,077 shares Common Stock held indirectly by family trust
restricted stock financial
"Grant of restricted stock will vest on the earlier of the one-year anniversary of the date of grant"
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 the immediately preceding year's annual meeting"
Family Trust financial
"By Family Trust"
trustee financial
"Shares held by wife as trustee for wife and son."
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4UNITED 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*
SHARA THOMAS
(Last)(First)(Middle)
239 WASHINGTON ST
(Street)
JERSEY CITY NEW JERSEY 07302
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
PROVIDENT FINANCIAL SERVICES INC [ PFS ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Vice Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/26/2026		6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/26/2026A4,012(1)A$091,653D
Common Stock439,077I(2)By Family Trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. Shares held by wife as trustee for wife and son.
Remarks:
/s/Chao Huang, Pursuant to Power of Attorney05/28/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did PFS executive Shara Thomas report on this Form 4?

Shara Thomas reported receiving an award of 4,012 shares of Provident Financial Services common stock as restricted stock. The filing also updates her direct and indirect share holdings, reflecting both personal and family trust ownership positions.

How many Provident Financial (PFS) shares did Shara Thomas receive in this award?

She received 4,012 shares of PFS common stock as a restricted stock grant at no cash purchase price. This is a compensation-related equity award, not an open-market share purchase or sale, and increases her directly held common stock position.

What are the vesting terms for Shara Thomas’s 4,012 restricted PFS shares?

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 meeting. Vesting determines when she fully earns and controls these shares.

How many PFS shares does Shara Thomas hold directly after this Form 4 grant?

After the 4,012-share restricted stock grant, Shara Thomas holds 91,653 shares of Provident Financial common stock directly. This figure reflects her personal ownership, separate from any indirect holdings through family trusts or similar entities.

What indirect Provident Financial (PFS) holdings are reported for Shara Thomas?

The Form 4 reports 439,077 PFS common shares held indirectly by a family trust, with her wife serving as trustee for her wife and son. These shares are categorized as indirectly owned, distinct from Thomas’s directly held 91,653-share position.

Does this PFS Form 4 show any open-market buying or selling by Shara Thomas?

The filing does not show any open-market buys or sells by Shara Thomas. It reports a compensation-related restricted stock grant of 4,012 shares and updated direct and indirect holdings, rather than discretionary trading in the company’s stock.