Provident (PROV) SVP sells 3,000 shares, retains 10,919 direct
Rhea-AI Filing Summary
Provident Financial Holdings Senior Vice President David Weiant reported an open-market sale of 3,000 shares of common stock at $16.92 per share. After this sale, he directly holds 10,919 shares. He also has an indirect interest in 16,066 shares held through an ESOP. The direct holdings include 1,675 shares of restricted stock that vest on August 12, 2026 and 4,500 restricted shares that vest on May 23, 2028, reflecting ongoing equity-based compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock PAR Value $0.01 | 3,000 | $16.92 | $51K |
| holding | Common Stock PAR Value $0.01 | -- | -- | -- |
Footnotes (1)
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Key Figures
Key Terms
ESOP financial
restricted stock financial
Equity Incentive Plan financial
open-market sale financial
FAQ
What insider transaction did PROV executive David Weiant report?
David Weiant, a Senior Vice President at Provident Financial Holdings (PROV), reported selling 3,000 shares of common stock at $16.92 per share. This was an open-market transaction and is recorded as a disposition of non-derivative common stock.
Does the PROV Form 4 show any derivative securities for David Weiant?
The Form 4 data show no derivative securities for David Weiant in this filing. The derivativeSummary is empty, and all reported positions relate to non-derivative common stock and restricted stock awards rather than options, warrants, or other derivative instruments.
What restricted stock awards does PROV executive David Weiant hold?
A footnote states Weiant holds 1,675 restricted shares under the Provident 2013 Equity Incentive Plan vesting on August 12, 2026, and 4,500 restricted shares under the 2022 Equity Incentive Plan vesting on May 23, 2028, as part of his compensation.
Was the PROV insider sale classified as an open-market transaction?
Yes. The 3,000-share disposition is coded "S" and described as a sale in open market or private transaction, with a reported sale price of $16.92 per share for Provident Financial common stock.