Form 4: Provident Financial Services Inc: Executive Officer Matteson Reports Stock Disposal
SEC Form 4 Filing
Timothy J. Matteson, EVP and Chief Admin Officer of Provident Financial Services Inc, reports the disposal of 6,885 shares of common stock on May 15, 2025, at a price of $17.86 per share.
Summary
- On May 15, 2025, Timothy J. Matteson, an Executive Vice President and Chief Admin Officer at Provident Financial Services Inc (PFS), reported a transaction involving the company's common stock.
- Matteson disposed of 6,885 shares at a price of $17.86 per share.
- Following the transaction, Matteson directly owns 106,865 shares of Provident Financial Services Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports a transaction.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how the market interprets the insider's decision to sell shares.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of the stock transaction (disposal of shares). |
| 05/16/2025 | Date of signature for the report. |
Keywords
Form 4, Provident Financial Services Inc, PFS, Insider Trading, Matteson Timothy J, Executive Compensation, Stock Disposal, Beneficial Ownership
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