Provident (PFS) insider Shara Thomas reports 439,077-share family trust transfer

Rhea-AI Filing Summary

Shara Thomas, Executive Vice Chairman and director of Provident Financial Services Inc. (PFS), reported changes in her beneficial ownership on 09/30/2025 via SEC Form 4. The filing discloses a transaction coded "G" indicating a bona fide gift of common stock: 439,077 shares disposed and a simultaneous report of 439,077 shares beneficially owned indirectly through a family trust. The form also shows 90,720 shares held directly and 625 shares held indirectly by a family partnership. The explanatory notes state the transfer is a gift exempt from Section 16(b) and that certain shares are held by the reporting person's wife as trustee for the wife and son.

Insights

Securities Analyst

TL;DR: Director/officer reported a large gift and reclassification of holdings; transaction appears administrative, not a sale.

The Form 4 shows a transaction coded "G" on 09/30/2025 transferring 439,077 shares by gift and reporting the same amount as indirect beneficial ownership via a family trust. The filing also lists 90,720 shares directly owned and 625 shares indirectly owned by a family partnership. From a securities perspective, gifts are exempt under Rule 16b-5 and typically do not reflect an intent to liquidate position. The transfer to a trust and trustee arrangements should be noted by investors monitoring insider ownership concentration and potential future dispositions, but the filing itself contains no indication of a market sale or change in control.

Corporate Governance Expert

TL;DR: Report documents family trust and gift transfer; governance implications are routine but increase indirect holdings clarity.

The disclosure clarifies the reporting structure: a bona fide gift (code "G") and indirect ownership through a family trust with the reporting person's spouse as trustee. This is a common estate-planning or family-transfer mechanism and is properly disclosed on Form 4. Such reclassification can affect voting and beneficial ownership reporting, so it improves transparency around insider holdings. There is no indication of regulatory concern or unusual governance action in the filing itself.

SEC Form 4

FORM 4

UNITED 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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

SHARA THOMAS

(Last) (First) (Middle)

239 WASHINGTON ST

(Street)

JERSEY CITY NJ 07302

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
PROVIDENT FINANCIAL SERVICES INC [ PFS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Vice Chairman

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/30/2025		G		439,077	D	(1)	90,720	D
Common Stock								625	I	By Family Partnership
Common Stock	09/30/2025		G		439,077	A	(1)	439,077	I(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Bona fide gift of shares exempt from Section 16(b) of the Act pursuant to Rule 16b-5.

2. Shares held by wife as trustee for wife and son.

Remarks:

	/s/Chao Huang, Pursuant to Power of Attorney	10/01/2025
	** Signature of Reporting Person	Date
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.

FAQ

What did Shara Thomas report on the Form 4 for PFS?

The filing reports a bona fide gift transaction on 09/30/2025 involving 439,077 shares and shows indirect ownership via a family trust plus direct holdings of 90,720 shares.

Does the Form 4 show a sale of shares by the insider (PFS)?

No. The transaction is coded "G," indicating a gift exempt from Section 16(b); there is no reported market sale in this filing.

How are the 439,077 shares held after the transaction according to the filing?

The filing reports the 439,077 shares as beneficially owned indirectly through a family trust (held by the reporting person's wife as trustee).

What do the notes say about the nature of the transfer?

The notes state it is a bona fide gift exempt under Rule 16b-5 and that some shares are held by the reporting person's wife as trustee for the wife and son.

What is Shara Thomas's role at Provident Financial Services (PFS)?

The filing identifies Shara Thomas as a Director and Executive Vice Chairman of Provident Financial Services Inc.