Form 4: Director Brian Flynn Acquires Provident Financial Shares

Director Brian Flynn was granted 4,012 shares of restricted common stock in Provident Financial Services, Inc.

Summary

• Director Brian Flynn received a grant of 4,012 shares of restricted common stock.
• The transaction occurred on May 26, 2026.
• Following this transaction, the director's total beneficial ownership is 54,026 shares.
• The shares were granted at a price of $0, representing a standard equity compensation award.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.

Positives

• Increased alignment between director interests and shareholder value through equity ownership.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

The restricted stock is set to vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders occurring at least 50 weeks after the previous year's annual meeting.

Industry Context

StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder interests in the banking sector.

Comparison to Industry Standards

• The grant of restricted stock to directors is a common practice among publicly traded financial institutions to ensure retention and alignment.
• The vesting schedule is consistent with standard industry practices for non-employee director compensation.

Stakeholder Impact

• Positive impact on shareholder alignment as the director increases their equity stake in the company.

Next Steps

• Vesting of the 4,012 restricted shares on the earlier of the one-year anniversary or the next annual meeting.

Key Dates

Keywords

Provident Financial Services, PFS, Form 4, Insider Trading, Director Compensation, Equity Grant