PFS PROVIDENT FINANCIAL SERVICES INC
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Executive Summary
Provident Financial Services entered into an amended and restated Executive Chairman Agreement with Christopher Martin, extending his term through May 21, 2028, with a base salary of at least $577,500 per year and a Director Emeritus role post-service. The company also entered into a related Change in Control Agreement with substantially similar terms to the prior agreement. These are routine compensatory arrangements with no material financial impact.
Actionable Insight
No trading catalyst; this is a standard executive compensation renewal. Monitor for any future amendments to compensation or changes in leadership that might signal strategic shifts.
Key Facts
- Executive Chairman Christopher Martin's new agreement runs through May 21, 2028 (2-year term).
- Base salary of not less than $577,500 per year.
- Upon termination without cause or for good reason, severance equals base salary for the remaining term.
- Change in control severance equals fraction of term remaining times average annual compensation over prior 3 years.
- Upon end of service, Martin will serve as Director Emeritus of Provident Bank for 3 years.
Financial Impact
No material financial impact; base salary disclosure is routine.
Risk Factors
- None material from this filing.
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000943374-26-000211 |
| Exhibit: ex10-2_8k052126.htm | 0000943374-26-000211 |
| Document: form8k_052126.htm | 0000943374-26-000211 |
| Document: 0000943374-26-000211-index-headers.html | 0000943374-26-000211 |
| Document: 0000943374-26-000211-index.html | 0000943374-26-000211 |
| Document: 0000943374-26-000211.txt | 0000943374-26-000211 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
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Jun 4, 2026
5d ago
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8-K
| $22.34 $22.50 | ▲ +0.72% | ▲ +3.31% | $22.96 (+2.78%) |
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May 26, 2026
14d ago
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8-K
| $22.43 $22.17 | ▼ −1.16% | ▼ −1.17% | $22.96 (+2.36%) |
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Apr 30, 2026
5w ago
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8-K
| $22.14 $22.01 | ▼ −0.58% | ▼ −0.24% | $22.96 (+3.72%) |
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Apr 30, 2026
5w ago
|
8-K
| $22.68 $22.38 | ▼ −1.32% | ▼ −1.54% | $22.96 (+1.23%) |
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Apr 8, 2026
8w ago
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DEFA14A
| $22.06 $22.46 | ▲ +1.81% | ▲ +1.24% | $22.96 (+4.08%) |
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Apr 1, 2026
9w ago
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Press Release
| $21.28 $21.30 | ▲ +0.09% | ▲ +0.01% | $22.96 (+7.89%) |
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Mar 5, 2026
13w ago
|
8-K
| $21.25 $20.92 | ▼ −1.55% | ▼ −0.24% | $22.96 (+8.05%) |
US Market Status
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