Form 4: Provident Financial Services EVP James M. Nigro Reports Changes in Beneficial Ownership

James M. Nigro, EVP and Chief Credit Officer of Provident Financial Services Inc., reports changes in beneficial ownership of common stock due to transactions on February 27, 2025.

Summary

• On February 27, 2025, James M. Nigro, EVP and Chief Credit Officer of Provident Financial Services Inc. (PFS), reported changes in his beneficial ownership of the company's common stock.
• Two transactions involved the disposal of shares at a price of $17.92.
• The first transaction involved the disposal of 725 shares, and the second involved the disposal of 1,190 shares.
• Following these transactions, Nigro directly owns 104,851 shares of Provident Financial Services Inc.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It is a standard practice for executives to manage their stock holdings for various personal financial reasons.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as insider transactions are often scrutinized for insights into management's perspective on the company's value.

Key Dates