Form 4: Peoples Financial Services Corp.: EVP/Chief Information Officer Reports Stock Transaction
SEC Form 4 Filing
Susan L. Hubble, EVP/Chief Information Officer of Peoples Financial Services Corp., reports a transaction involving common stock due to tax withholding related to stock ownership.
Summary
- On March 11, 2024, Susan L. Hubble, EVP/Chief Information Officer of Peoples Financial Services Corp. (PFIS), had a transaction involving common stock.
- 119 shares of common stock were disposed of at a price of $41.21 per share due to tax withholding.
- Following the transaction, Hubble directly owns 2,412.949 shares of common stock and indirectly owns 767.8498 shares through the PSBT Employee Stock Ownership Plan.
- A Power of Attorney was executed on March 3, 2025, granting authority to John Anderson, James M. Bone, Jr., Laureen Cook, and Stephanie A. Westington to act on Hubble's behalf for SEC filings.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders reporting transactions in their company's stock. It reflects routine activity related to executive compensation and tax obligations.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction (disposal of 119 shares). |
| 03/03/2025 | Date of Power of Attorney execution. |
| 03/07/2025 | Date of signature by Attorney-in-Fact for Susan L Hubble. |
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