4/A: Peoples Financial Services Corp.: Officer Thomas P. Tulaney Reports Acquisition of Restricted Stock Units

Thomas P. Tulaney, President of Peoples Financial Services Corp., reports the acquisition of 1,075 restricted stock units and adjustments to previously reported holdings.

Summary

• Thomas P. Tulaney, President of Peoples Financial Services Corp., filed an amendment to his Form 4, reporting changes in beneficial ownership.
• The report details the acquisition of 1,075 restricted stock units on March 28, 2025, each representing a contingent right to receive one share of PFIS common stock.
• These restricted stock units vest in three equal annual installments beginning March 11, 2026.
• The filing also includes adjustments to the number of restricted stock units due to a calculation error.
• Mr. Tulaney directly owns 20,489.412 shares of common stock, which includes 607 shares of time-based restricted common stock and 1,177 shares held jointly with his spouse.
• He also indirectly owns 852.2164 shares through the PSBT Employee Stock Ownership Plan and 17,690.45 shares through an IRA.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, providing factual information about stock transactions. It doesn't convey any particular positive or negative sentiment.

Future Outlook

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

Industry Context

This filing is a routine disclosure of insider transactions, which is a common practice for publicly traded companies. It provides transparency to investors regarding the holdings and transactions of company executives.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates

Keywords

Form 4, Beneficial Ownership, Restricted Stock Units, Common Stock, PFIS, Peoples Financial Services Corp., Tulaney, Insider Trading