Vanguard Portfolio Management ups passive stake in Provident Financial (NYSE: PFS)

Rhea-AI Filing Summary

Provident Financial Services Inc reports that Vanguard Portfolio Management beneficially owns 8,168,133 shares of Common Stock, representing 6.24% of the class. The filing states Vanguard exercises sole dispositive power over the reported shares and sole voting power over 103,423 shares. The filing notes these holdings reflect securities held across Vanguard Portfolio Management LLC and specified affiliates.

Insights

Institutional Ownership Analyst

Large passive holder reports a 6.24% stake in PFS.

Vanguard Portfolio Management reports beneficial ownership of 8,168,133 shares representing 6.24% of common stock, with sole dispositive power. The filing attributes holdings to Vanguard Portfolio Management LLC and named affiliates, including securities held for funds and managed accounts.

Cash‑flow treatment and any planned sales are not disclosed; subsequent filings would show disposition activity if it occurs.

Governance & Proxy Specialist

Stake size may affect voting blocs but appears reported as passive.

The Schedule 13G format indicates passive reporting under the stated release; the filing lists sole voting power for 103,423 shares and dispositive power for 8,168,133 shares. The statement discloses aggregated client/fund holdings across Vanguard-related entities.

Monitor future amendments or a switch to 13D for activist intent; timing not stated here.

Key Figures

Beneficial ownership: 8,168,133 shares Percent of class: 6.24% Sole voting power: 103,423 shares +2 more

5 metrics

Beneficial ownership 8,168,133 shares Reported beneficially owned amount

Percent of class 6.24% Percent of common stock beneficially owned

Sole voting power 103,423 shares Shares with sole power to vote

Sole dispositive power 8,168,133 shares Shares with sole power to dispose

CUSIP 74386T105 Identifies Provident Financial Services common stock

Key Terms

Schedule 13G, Beneficially owned, Dispositive power, Investment Company Act

4 terms

Schedule 13G regulatory

"reports that Vanguard Portfolio Management beneficially owns"

A Schedule 13G is a formal document that investors file with the government when they acquire a large ownership stake in a company, usually for investment purposes rather than control. It helps keep the public informed about who owns significant parts of a company's shares, which can influence how the company is managed and how investors make decisions. Filing this schedule is important for transparency and understanding the ownership landscape of publicly traded companies.

Beneficially owned financial

"Amount beneficially owned: 8168133"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Dispositive power regulatory

"Sole power to dispose or to direct the disposition of: 8168133"

Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.

Investment Company Act regulatory

"investment company registered under the Investment Company Act of 1940"

The Investment Company Act is a law that sets rules for businesses whose main activity is managing and selling pooled money, such as mutual funds and other investment funds. It matters to investors because it requires clear reporting, limits managers from putting their own interests ahead of clients, and mandates safekeeping and oversight of assets—similar to safety inspections and traffic rules that help keep shared vehicles reliable and trustworthy.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Provident Financial Services Inc

(Name of Issuer)

Common Stock

(Title of Class of Securities)

74386T105

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 74386T105

1

Names of Reporting Persons

Vanguard Portfolio Management

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 103,423.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 8,168,133.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

8,168,133.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

6.24 %

12

Type of Reporting Person (See Instructions)

IA

Comment for Type of Reporting Person: In accordance with SEC Release No. 34-39538 (January 12, 1998), this Schedule 13G reflects the securities beneficially owned, or deemed to be beneficially owned, by Vanguard Portfolio Management LLC and the following affiliates of Vanguard Portfolio Management LLC or business divisions of such affiliates: Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC. This Schedule 13G includes securities held by Vanguard funds, or sleeves thereof, over which Vanguard Portfolio Management LLC exercises dispositive power, in addition to securities held by clients over which the affiliates or business divisions of such affiliates indicated above exercise dispositive and/or voting power. This Schedule 13G does not include securities, if any, beneficially owned by other subsidiaries or affiliates of Vanguard Portfolio Management LLC, or business divisions of such subsidiaries whose ownership of securities is disaggregated from that of the reporting business unit in accordance with such release.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Provident Financial Services Inc
(b)	Address of issuer's principal executive offices: 239 Washington Avenue, Jersey City, NJ, 07302
Item 2.
(a)	Name of person filing: Vanguard Portfolio Management
(b)	Address or principal business office or, if none, residence: 100 Vanguard Blvd,, Malvern, PA, 19355
(c)	Citizenship: PA
(d)	Title of class of securities: Common Stock
(e)	CUSIP Number(s): 74386T105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 8168133
(b)	Percent of class: 6.24 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 103423
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 8168133
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. Vanguard Portfolio Management, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the securities reported herein.No one other person's interest in the securities reported herein is more than 5%.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Vanguard Portfolio Management

Signature:	Ashley Grim
Name/Title:	Head of Global Fund Administration
Date:	04/29/2026

FAQ

What stake does Vanguard report in Provident Financial Services (PFS)?

Vanguard reports beneficial ownership of 8,168,133 shares, or 6.24% of common stock. The filing states Vanguard has sole dispositive power over 8,168,133 shares and sole voting power over 103,423 shares, reflecting aggregated holdings across Vanguard Portfolio Management LLC and named affiliates.

Does the Schedule 13G indicate Vanguard is an activist investor in PFS?

No; the Schedule 13G filing structure indicates a passive investor filing rather than an activist intent disclosure. The filing lists aggregated fund and managed account holdings across Vanguard entities; it does not state any plans to influence management or request changes.

What voting authority does Vanguard have over the reported PFS shares?

Vanguard reports sole voting power for 103,423 shares of PFS common stock. The filing separately reports sole dispositive power for 8,168,133 shares, indicating control over sale decisions for the larger holding figure.

Are the reported shares held directly by Vanguard or by client funds?

The filing explains holdings reflect securities held by Vanguard funds and managed accounts over which Vanguard Portfolio Management LLC or named affiliates exercise dispositive power. It attributes holdings to Vanguard Portfolio Management and specified affiliates rather than a single direct-owner account.

Will this filing require PFS shareholder approval or change company governance?

No action by Provident Financial Services shareholders is required by this Schedule 13G disclosure. The filing only reports beneficial ownership and does not request governance changes or seek shareholder votes.