Provident Financial Holdings Inc (PROV) SVP discloses share ownership
Rhea-AI Filing Summary
Provident Financial Holdings Inc disclosed the share ownership of Senior Vice President Michael Scott Van Stockum. He reports 5684 common shares held indirectly through an Employee Stock Ownership Plan and 4323 shares held directly, including 750 restricted shares vesting on August 12, 2026 and 2250 restricted shares vesting on May 23, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Van Stockum Michael Scott
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock PAR Value $0.01 | -- | -- | -- |
| holding | Common Stock PAR Value $0.01 F1 | -- | -- | -- |
Holdings After Transaction:
Common Stock PAR Value $0.01 — 5,684 shares (Indirect, Employee Stock Ownership Plan);
Common Stock PAR Value $0.01 — 4,323 shares (Direct)
Footnotes (1)
- F1. The direct ownership of 4,323 shares includes 750 shares of restricted stock under the Provident 2013 Equity Incentive Plan, which vests on August 12, 2026; and the 2,250 shares of restricted stock under the Provident 2022 Equity Incentive Plan, which vests on May 23, 2028.
Key Figures
Indirect common shares: 5684 shares
Direct common shares: 4323 shares
Restricted shares 2013 Equity Incentive Plan: 750 shares
+1 more
4 metrics
Indirect common shares
5684 shares
Common stock held indirectly through an Employee Stock Ownership Plan by Michael Scott Van Stockum
Direct common shares
4323 shares
Common stock held directly by Senior Vice President Michael Scott Van Stockum
Restricted shares 2013 Equity Incentive Plan
750 shares
Included in direct ownership; restricted stock vesting on August 12, 2026
Restricted shares 2022 Equity Incentive Plan
2250 shares
Included in direct ownership; restricted stock vesting on May 23, 2028
Key Terms
Employee Stock Ownership Plan, restricted stock, Equity Incentive Plan
3 terms
Employee Stock Ownership Plan financial
"5684 shares held indirectly through an Employee Stock Ownership Plan"
An employee stock ownership plan (ESOP) is a company-run program that gives workers ownership stakes by allocating or letting them buy company shares, often through a retirement-style account. For investors, ESOPs matter because they align employees’ incentives with company performance—like turning staff into shareholders—which can boost productivity and long-term value but may also concentrate employee retirement savings in company stock, affecting financial risk and share demand.
restricted stock financial
"includes 750 shares of restricted stock under the Provident 2013 Equity Incentive Plan"
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.
Equity Incentive Plan financial
"under the Provident 2022 Equity Incentive Plan, which vests on May 23, 2028"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
Who is the insider reporting holdings in Provident Financial (PROV)?
The insider is Michael Scott Van Stockum, a Senior Vice President at Provident Financial Holdings Inc. He reported his ownership of common stock, including indirect holdings through an employee stock plan and directly held and restricted shares.
How are Van Stockum’s indirect Provident Financial (PROV) holdings structured?
He holds 5684 shares of Provident Financial common stock indirectly through an Employee Stock Ownership Plan. These shares are reported as indirect ownership, separate from his directly held and restricted stock positions in the company.