Provident Financial Services Announces Director Changes
Ticker: PFS · Form: 8-K · Filed: May 29, 2024 · CIK: 1178970
| Field | Detail |
|---|---|
| Company | Provident Financial Services Inc (PFS) |
| Form Type | 8-K |
| Filed Date | May 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-changes, officer-compensation
Related Tickers: PFS
TL;DR
Provident Financial Services (PFS) board shakeup: Martin out, McLoone in. Officer comp details also filed.
AI Summary
Provident Financial Services, Inc. announced on May 28, 2024, the departure of Director Christopher J. Martin and the appointment of new Director Michael J. McLoone. The company also reported on compensatory arrangements for certain officers. The filing does not contain specific dollar amounts or detailed financial statements.
Why It Matters
Changes in board composition can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board and officer changes and compensatory arrangements, with no immediate financial distress or significant strategic shifts indicated.
Key Players & Entities
- Provident Financial Services, Inc. (company) — Registrant
- Christopher J. Martin (person) — Departing Director
- Michael J. McLoone (person) — Appointed Director
- May 28, 2024 (date) — Date of earliest event reported
FAQ
Who has departed from the Board of Directors of Provident Financial Services, Inc.?
Christopher J. Martin has departed from the Board of Directors.
Who has been appointed as a new Director to the Board of Provident Financial Services, Inc.?
Michael J. McLoone has been appointed as a new Director.
What is the date of the earliest event reported in this 8-K filing?
The earliest event reported is dated May 28, 2024.
What is the principal executive office address for Provident Financial Services, Inc.?
The principal executive offices are located at 239 Washington Street, Jersey City, New Jersey 07302.
What is the IRS Employer Identification Number for Provident Financial Services, Inc.?
The IRS Employer Identification Number is 42-1547151.
Filing Stats: 649 words · 3 min read · ~2 pages · Grade level 10.1 · Accepted 2024-05-29 16:33:23
Key Financial Figures
- $0.01 — ich registered Common stock, par value $0.01 per share PFS New York Stock Exchan
Filing Documents
- form8k.htm (8-K) — 27KB
- ex10-1.htm (EX-10.1) — 11KB
- ex10-2.htm (EX-10.2) — 11KB
- 0000943374-24-000213.txt ( ) — 187KB
- pfs-20240528.xsd (EX-101.SCH) — 4KB
- pfs-20240528_lab.xml (EX-101.LAB) — 22KB
- pfs-20240528_pre.xml (EX-101.PRE) — 16KB
- form8k_htm.xml (XML) — 4KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits . (a)
Financial Statements of Businesses Acquired. Not applicable
Financial Statements of Businesses Acquired. Not applicable. (b) Pro Forma Financial Information. Not applicable. (c) Shell Company Transactions. Not applicable. (d) Exhibits. Exhibit No. Description 10.1 Amendment to Executive Chairman Agreement between Provident Financial Services, Inc. and Christopher Martin, dated May 28, 2024 10.2 Amendment to Change in Control Agreement between Provident Financial Services, Inc. and Christopher Martin, dated May 28, 2024 104 The cover page from the Company's Form 8-K, formatted in Inline XBRL. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Provident Financial Services, Inc. DATE: May 28, 2024 By: /s/ Thomas M. Lyons Thomas M. Lyons Senior Executive Vice President and Chief Financial Officer