secwatch.observer — SEC 8-K summary
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Issuer:     PEOPLES FINANCIAL SERVICES CORP. (PFIS)
CIK:        0001056943
Form:       8-K
Filed at:   2022-03-09T23:59:59+00:00
Accession:  0001104659-22-031911
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Peoples Financial Services appoints Elisa Zúñiga Ramirez to board, increasing size to eight
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- Ramirez appointed to fill vacancy from board expansion from seven to eight directors.
- Term expires at 2023 annual meeting; expected to join banking subsidiary board.
- Standard non-employee director compensation: $20K cash retainer + $15K stock award annually.
- Meeting fees: $1K per board meeting, $500 per committee meeting, $300 per branch meeting.
- No material transaction or arrangement between Ramirez and the company.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1056943/000110465922031911/0001104659-22-031911-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1056943/000110465922031911/tm228705d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-031911

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