Form 4: Peoples Financial Services Corp. Executive VP Jeffrey Drobins Reports Stock Transactions
SEC Form 4 Filing
Jeffrey Drobins, EVP/Chief Lending Officer of Peoples Financial Services Corp., reports acquiring and disposing of common stock on February 28, 2025.
Summary
- On February 28, 2025, Jeffrey A. Drobins, EVP/Chief Lending Officer of Peoples Financial Services Corp. (PFIS), engaged in transactions involving the company's common stock.
- Drobins acquired 388 shares of common stock at $0.
- He also disposed of 182 shares at a price of $48.83.
- Following these transactions, Drobins directly owns 4,443.582 shares and indirectly owns 277.3779 shares through the PSBT Employee Stock Ownership Plan.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of key personnel.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transactions (acquisition and disposition). |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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