Form 4: Peoples Financial Services Corp. Director James B. Nicholas Reports Stock Award
SEC Form 4 Filing
Director James B. Nicholas of Peoples Financial Services Corp. reports the acquisition of 280 shares of common stock through a stock award.
Summary
- On January 31, 2025, James B. Nicholas, a director of Peoples Financial Services Corp., acquired 280 shares of common stock.
- The acquisition was a stock award granted pursuant to the company's director compensation plan.
- Following the transaction, Mr. Nicholas directly owns 24,874 shares of common stock.
- He also indirectly owns 2,451 shares through an IRA, 1,671 shares through his spouse, and 1,533 shares through his spouse's IRA.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices.
Positives
- The stock award reflects the company's commitment to its directors through its compensation plan.
Industry Context
Director compensation plans are common in the financial services industry to align the interests of directors with those of shareholders.
Stakeholder Impact
- The stock award aligns director interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 01/31/2025 | Date of stock award transaction |
| 02/04/2025 | Date of Form 4 filing |
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