Provident Financial (PFS) CEO unit gets stock awards and tax-share withholdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Provident Financial Services executive George Lista reported compensation-related stock movements in Common Stock on March 3, 2026. He received 1,301 performance-vesting shares and 2,640 time-vesting restricted shares as awards. To cover tax obligations, he disposed of 302 and 477 shares at $21.42 per share through share-withholding transactions rather than open-market sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
LISTA GEORGE
Role
Pres/CEO Prov Protection Plus
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 302 | $21.42 | $6K |
| Grant/Award | Common Stock | 1,301 | $0.00 | -- |
| Tax Withholding | Common Stock | 477 | $21.42 | $10K |
| Grant/Award | Common Stock | 2,640 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 108,354.125 shares (Direct);
Common Stock — 0 shares (Indirect, By ESOP)
Footnotes (1)
- Performance-vesting stock awards granted March 3, 2023 which vested based on meeting certain performance criteria. Grant of shares of time-vesting restricted stock that vest at a rate of 33.3% per year over a period ending March 3, 2029. Reflects transfer of 2,565 shares resulting from termination of ESOP and transfer into 401(k) Plan, and transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended. Reflects dividend reinvestment transactions
FAQ
What did Provident Financial Services (PFS) executive George Lista report in this Form 4?
George Lista reported stock-based compensation activity and related tax-withholding transactions. He received restricted stock and performance-vesting shares, and some shares were withheld at $21.42 per share to satisfy tax liabilities rather than being sold on the open market.
Were any of George Lista’s Provident Financial Services (PFS) transactions open-market sales?
The reported dispositions were tax-withholding transactions, not open-market sales. A total of 302 and 477 shares were withheld at $21.42 per share to cover tax obligations arising from stock awards, consistent with the Form 4 transaction code F description.
What do the performance-vesting awards for Provident Financial Services (PFS) indicate?
The performance-vesting stock awards granted March 3, 2023 vested after certain performance criteria were met. This indicates that pre-defined company or individual targets were achieved, triggering delivery of 1,301 shares as part of George Lista’s equity compensation package.
What indirect holdings of Provident Financial Services (PFS) stock are reported for George Lista?
Indirect holdings include shares held through a 401(k) plan, an ESOP termination-related transfer, an IRA, and an LLC with 50% ownership. These positions reflect different account types, with totals such as 2,594, 10,586.3, and 2,050.161 shares reported as indirect ownership.