Form 4: Provident Financial Services Executive Reports Stock Vesting

Thomas M. Lyons, SEVP and CFO of Provident Financial Services Inc., reported the vesting of performance-based stock awards.

Summary

• Thomas M. Lyons, SEVP and CFO of Provident Financial Services Inc. (PFS), reported a transaction on May 20, 2026.
• This transaction involved the vesting of 10,883 shares of common stock, acquired at a price of $0.
• Following this transaction, Mr. Lyons beneficially owns 240,438 shares of common stock directly.
• Additionally, he holds 6,798 shares indirectly through an IRA and 89,665 shares indirectly through a 401(k).

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports on routine executive stock vesting rather than significant financial performance or strategic shifts.

Positives

• Vesting of performance-based stock awards indicates the achievement of certain performance criteria set by the company.
• The acquisition of 10,883 shares at $0 cost suggests a benefit to the executive upon meeting performance targets.

Future Outlook

This filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executive stock transactions, providing transparency into insider holdings and compensation structures within the financial services industry.

Stakeholder Impact

• Shareholders: Increased transparency into executive holdings and compensation, which can indirectly influence investor confidence.
• Employees: May serve as an indicator of company performance if awards are tied to specific metrics, potentially motivating other employees.
• Management: Confirms the fulfillment of performance conditions for executive compensation.

Key Dates

Keywords

Provident Financial Services, PFS, Form 4, Stock Vesting, Executive Compensation, Beneficial Ownership, SEVP and CFO