secwatch.observer — SEC 8-K summary
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Issuer:     PROVIDENT FINANCIAL SERVICES INC (PFS)
CIK:        0001178970
Form:       8-K
Filed at:   2026-05-26T16:37:48+00:00
Accession:  0000943374-26-000211
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Provident Financial amends Executive Chairman Martin's agreement through May 2028, adds Director Emeritus role
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- Amended Executive Chairman Agreement extends term to May 21, 2028, superseding prior 2021 agreement.
- Upon term end or board departure, Martin serves as Director Emeritus of Provident Bank for three years.
- Amended Change in Control Agreement sets severance equal to remaining days in term divided by 365 times average annual compensation.
- Base salary floor remains $577,500; all other compensation and benefits substantially unchanged.
- Agreements dated May 21, 2026, and filed as Exhibits 10.1 and 10.2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1178970/000094337426000211/0000943374-26-000211-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1178970/000094337426000211/form8k_052126.htm
  HTML page:      https://secwatch.observer/filing/0000943374-26-000211

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