Form 4: Provident Financial Services EVP, CRO James A. Christy Reports Changes in Beneficial Ownership

James A. Christy, EVP, CRO of Provident Financial Services Inc, reports transactions involving common stock, including acquisitions and disposals, affecting his beneficial ownership.

Summary

• On March 3, 2025, James A. Christy, EVP, CRO of Provident Financial Services Inc, reported the disposition of 249 shares of common stock at a price of $18.21 and the acquisition of 3,295 shares at $0.
• On March 4, 2025, Christy disposed of 410 shares at $17.76.
• Following these transactions, Christy directly owns 42,633 shares of common stock.
• Christy also indirectly owns 494 shares through a 401(k) and 23,168 shares through an ESOP.
• The 3,295 shares acquired on March 3, 2025, represent a grant of time-vesting restricted stock that vests at a rate of 33.3% per year over a period ending March 3, 2028.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard SEC filing reporting stock transactions. There is no indication of positive or negative sentiment towards the company's performance.

Positives

• The acquisition of 3,295 shares of restricted stock indicates a long-term commitment by the executive to the company's success.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they reflect insider trading activity, which is closely monitored by investors.

Key Dates