Form 4: Peoples Financial Services Corp.: Officer Neal D. Koplin Reports Acquisition of Shares and Restricted Stock Units

Neal D. Koplin, a Senior EVP/Chief Banking Officer at Peoples Financial Services Corp., reports acquiring shares through a dividend reinvestment plan and restricted stock units.

Summary

• On March 28, 2025, Neal D. Koplin, a Senior EVP/Chief Banking Officer at Peoples Financial Services Corp. (PFIS), reported transactions involving the company's stock.
• Koplin acquired 104.002 shares of common stock at a price of $46.4885 per share through the Issuer's Dividend Reinvestment and Stock Purchase Plan.
• He also acquired 949 restricted stock units, each representing a contingent right to receive one share of PFIS common stock.
• These restricted stock units vest in three equal annual installments starting March 11, 2026.
• Following these transactions, Koplin directly owns 8,820.808 shares of common stock and indirectly owns 368.9157 shares through the PSBT Employee Stock Ownership Plan and 400 shares through an IRA.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine insider transactions. The acquisition of shares through the dividend reinvestment plan could be seen as slightly positive, indicating confidence in the company.

Positives

• The acquisition of shares through the dividend reinvestment plan indicates confidence in the company's future performance.
• The granting of restricted stock units aligns Mr. Koplin's interests with those of the shareholders, incentivizing him to improve the company's performance.

Future Outlook

The restricted stock units vest in three equal annual installments beginning March 11, 2026.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates the transactions of a senior executive at a financial services company.

Stakeholder Impact

• The transactions reported in this filing provide transparency to shareholders regarding insider activity.
• The granting of restricted stock units aligns management's interests with those of the shareholders.

Key Dates

Keywords

Form 4, Beneficial Ownership, PFIS, Peoples Financial Services Corp., Neal D. Koplin, Restricted Stock Units, Dividend Reinvestment Plan, Insider Trading