4/A: Peoples Financial Services Corp: Executive Acquires Shares and Restricted Stock Units
SEC Form 4/A
James M. Bone Jr., EVP/Chief Financial Officer of Peoples Financial Services Corp, reports acquiring shares and restricted stock units.
Summary
- On March 28, 2025, James M. Bone Jr., EVP/Chief Financial Officer of Peoples Financial Services Corp, acquired 1.0124 shares of common stock at $44.13 per share.
- He also acquired 932 restricted stock units, each representing a contingent right to receive one share of PFIS common stock.
- Following these transactions, Mr. Bone directly owns 10,578.1394 shares of common stock and indirectly owns 153.7894 shares through his spouse.
- The restricted stock units vest in three equal annual installments beginning March 11, 2026.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Future Outlook
The restricted stock units vest in three equal annual installments beginning March 11, 2026, indicating a future incentive for the executive.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 03/28/2025 | Date of transaction: Acquisition of common stock and restricted stock units |
| 04/01/2025 | Date of original filing (amendment) |
| 04/08/2025 | Date of signature on the Form 4/A |
| 03/11/2026 | First vesting date for restricted stock units |
Keywords
Peoples Financial Services Corp, PFIS, James M. Bone Jr., insider trading, Form 4, restricted stock units, common stock, acquisition
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.