Form 4: Provident Financial Services Director Ursuline F. Foley Reports Stock Grant and Holdings

Director Ursuline F. Foley reports receiving a grant of 5,392 shares of Provident Financial Services Inc. common stock and disposing of shares, resulting in a total holding of 42,624 shares.

Summary

• On May 1, 2025, Ursuline F. Foley, a director of Provident Financial Services Inc., reported a transaction involving the company's common stock.
• Foley acquired 5,392 shares of common stock through a grant.
• The grant was valued at $0 per share.
• Foley also disposed of shares.
• Following the reported transactions, Foley beneficially owns 42,624 shares of Provident Financial Services Inc.
• The grant of restricted stock will vest on the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, which is at least 50 weeks after the previous year's annual meeting.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It simply reports transactions and holdings.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

The vesting of the restricted stock is contingent upon the earlier of the one-year anniversary of the grant date or the next annual meeting of stockholders, provided it is at least 50 weeks after the preceding year's meeting.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• Shareholders are informed about the stock transactions of a company director, providing transparency.

Key Dates

Keywords

Provident Financial Services Inc, Director, Ursuline F. Foley, Stock Grant, Beneficial Ownership, Form 4, SEC, PFS