Form 4: Peoples Financial Services Corp. Director Acquires Additional Shares
SEC Form 4 Filing
Richard S. Lochen Jr., a director of Peoples Financial Services Corp., purchased 122 shares of common stock at $43.5422 per share on August 7, 2024.
Summary
- On August 7, 2024, Richard S. Lochen Jr., a director of Peoples Financial Services Corp. (PFIS), acquired 122 shares of common stock.
- The purchase price was $43.5422 per share.
- Following the transaction, Lochen directly owns 15,677.193 shares of common stock.
- Lochen also indirectly owns 4,142.928 shares through an IRA and 157.893 shares each as custodian for two children under the UTMA/PA.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction by a director, indicating neither strong optimism nor pessimism.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders. This purchase is a small transaction and may not have a significant impact on the stock.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/07/2024 | Date of the transaction: Richard S. Lochen Jr. purchased shares of common stock. |
| 08/08/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.