Form 4: Provident Financial Services EVP Bennett MacDougall Reports Stock Transactions
SEC Form 4 Filing
EVP, General Counsel, and Secretary of Provident Financial Services, Bennett MacDougall, reports acquisition and disposal of common stock.
Summary
- On March 2, 2025, Bennett MacDougall, EVP, General Counsel, and Secretary of Provident Financial Services Inc., reported transactions involving the company's common stock.
- MacDougall disposed of 173 shares of common stock at a price of $18.25.
- MacDougall also acquired 3,924 shares of common stock.
- Following these transactions, MacDougall directly owns 13,188 shares of common stock and indirectly owns 562 shares through an ESOP.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a company executive.
- The transactions provide transparency to stakeholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Performance-vesting stock awards granted. |
| 03/02/2025 | Date of stock transactions (disposal and acquisition). |
| 03/04/2025 | Date of signature on the report. |
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