Provident Financial Services Suspends Employee Benefit Plan Trading
Ticker: PFS · Form: 8-K · Filed: Nov 10, 2025 · CIK: 1178970
| Field | Detail |
|---|---|
| Company | Provident Financial Services Inc (PFS) |
| Form Type | 8-K |
| Filed Date | Nov 10, 2025 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: employee-benefits, trading-suspension
Related Tickers: PFS
TL;DR
PFS just suspended trading in employee benefit plans. Big deal for staff.
AI Summary
Provident Financial Services, Inc. announced on November 10, 2025, a temporary suspension of trading under its employee benefit plans. This action affects the company's ability to manage stock-related benefits for its employees.
Why It Matters
This suspension may impact employees' ability to access or trade company stock held within benefit plans, potentially affecting their financial planning.
Risk Assessment
Risk Level: low — The filing is a procedural update regarding employee benefit plans and does not indicate financial distress or significant operational changes.
Key Players & Entities
- Provident Financial Services, Inc. (company) — Registrant
- November 10, 2025 (date) — Date of Report
- PFS (company) — Trading Symbol
FAQ
What is the specific reason for the temporary suspension of trading under Provident Financial Services' employee benefit plans?
The filing does not specify the exact reason for the suspension, only that it is a temporary measure.
When did this temporary suspension of trading take effect?
The suspension was reported as of November 10, 2025.
Which employee benefit plans are affected by this suspension?
The filing refers generally to 'Registrant's Employee Benefit Plans' without specifying individual plans.
What is the expected duration of this trading suspension?
The filing states it is a 'temporary suspension' but does not provide an end date or expected duration.
Are there any immediate financial implications for Provident Financial Services due to this suspension?
The filing does not detail immediate financial implications for the company itself, but rather for participants in the benefit plans.
Filing Stats: 709 words · 3 min read · ~2 pages · Grade level 11 · Accepted 2025-11-10 15:55:15
Filing Documents
- pfs-20251110.htm (8-K) — 29KB
- providentbank-blackoutno.htm (EX-99.1) — 5KB
- providentbank-blackoutno001.jpg (GRAPHIC) — 240KB
- providentbank-blackoutno002.jpg (GRAPHIC) — 83KB
- 0001628280-25-050996.txt ( ) — 594KB
- pfs-20251110.xsd (EX-101.SCH) — 2KB
- pfs-20251110_lab.xml (EX-101.LAB) — 21KB
- pfs-20251110_pre.xml (EX-101.PRE) — 12KB
- pfs-20251110_htm.xml (XML) — 3KB
04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
Item 5.04 Temporary Suspension of Trading Under Registrant's Employee Benefit Plans. On November 10, 2025, Provident Financial Services, Inc. (the "Company") sent a notice to its directors and officers of a blackout period (the "Blackout Notice"), pursuant to Rule 104 of the U.S. Securities and Exchange Commission's Regulation BTR and Section 306(a) of the Sarbanes-Oxley Act of 2022, during which time they will be prohibited from engaging in transactions involving the Company's common stock that they acquire or have previously acquired in connection with their service as a director or employment as an executive officer of the Company or any of its affiliates (the "Blackout Period"). During the Blackout Period, directors and executive officers of the Company and its affiliates will be subject to trading restrictions prohibiting the direct or indirect purchase, sale, or other acquisition or transfer of any common stock of the Company, or any derivatives of the Company's common stock. The Blackout Period is expected to begin on December 1, 2025, at 4:00 p.m. ET and end during the week of December 8, 2025. During the Blackout Period, a security holder or other interested person may obtain information as to whether the Blackout Period has started or ended by calling The Principal Group at (800) 547-7754. The reason for this Blackout Period is because of the merger of the Provident Bank Employee Stock Ownership Plan ("ESOP") into the Provident Bank 401(k) Plan ("401(k) Plan") effective December 1, 2025, but the blackout applies to certain transactions whether or not they take place under the ESOP or 401(k) Plan as described below. ESOP participants have received additional information about this merger. A copy of the Blackout Notice, which includes the information required by Regulation BTR, is attached as Exhibit 99.1 and is incorporated by reference in this Current Report on Form 8-K.
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (a) 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 99.1 Notice to Directors and Executive Officers of Provident Concerning Limitations on Trading in Common Stock of Provident Financial Services, Inc.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized. PROVIDENT FINANCIAL SERVICES, INC. DATE: November 10, 2025 By:/s/ Bennett MacDougall Bennett MacDougall EVP, General Counsel & Corporate Secretary