Form 4: Provident Financial Services EVP Carolyn Powell Reports Stock Transactions
SEC Form 4 Filing
Carolyn Powell, EVP & CHRO of Provident Bank, reports the acquisition and disposal of Provident Financial Services Inc. stock on March 2, 2025.
Summary
- Carolyn Powell, EVP & CHRO of Provident Bank, reported transactions involving Provident Financial Services Inc. common stock on March 2, 2025.
- Powell disposed of 225 shares of common stock at a price of $18.25.
- Powell acquired 6,054 shares of common stock at a price of $0 due to performance-vesting stock awards granted on March 2, 2022.
- Following these transactions, Powell directly owns 32,523 shares of common stock and indirectly owns 1,657 shares through an ESOP.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Positives
- Powell acquired 6,054 shares of common stock due to performance-vesting stock awards, indicating the achievement of certain performance criteria.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel.
Stakeholder Impact
- The transactions may provide stakeholders with insights into management's perspective on the company's stock value.
Key Dates
| Date | Description |
|---|---|
| 03/02/2022 | Performance-vesting stock awards granted. |
| 03/02/2025 | Date of stock disposal and acquisition. |
| 03/04/2025 | Date of signature on the report. |
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