Form 4: Peoples Financial Services Corp. Director Richard S. Lochen Jr. Reports Stock Award

Director Richard S. Lochen Jr. reports acquisition of 280 shares of Peoples Financial Services Corp. stock through a stock award.

Summary

• On January 31, 2025, Richard S. Lochen Jr., a director of Peoples Financial Services Corp. (PFIS), 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. Lochen directly owns 16,128.946 shares of common stock.
• He also indirectly owns 4,246.031 shares through an IRA and 161.708 shares each as custodian for two children under the UTMA/PA.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, and the sentiment is neutral. It simply reports a transaction.

Positives

• The stock award to a director aligns with the company's compensation plan, potentially incentivizing performance and aligning director interests with shareholders.

Future Outlook

There is no future outlook information provided in this document.

Management Comments

• Mr. Lochen was granted a stock award pursuant to Peoples Financial Services Corp.'s Director compensation plan.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns the director's interests with those of the shareholders.

Key Dates

Keywords

Form 4, Director, Stock Award, Beneficial Ownership, PFIS, Peoples Financial Services Corp., Richard S. Lochen Jr.