---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-26-039162"
form_type: "8-K"
ticker: "PFIS"
cik: "0001056943"
company_name: "PEOPLES FINANCIAL SERVICES CORP."
filed_at: "2026-04-02T23:59:59+00:00"
generated_at: "2026-05-15T07:47:05.563830+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Peoples Financial appoints Champi President; Tulaney retires with consulting deal

## Summary
- Gerard A. Champi appointed President of Peoples and Peoples Bank effective April 3, 2026, succeeding retiring Thomas P. Tulaney; Champi remains CEO.
- Accelerated vesting of 207 restricted shares and 709 RSUs for Tulaney; company vehicle transferred upon retirement.
- Peoples Bank entered consulting agreement with Tulaney at $8,000/month for advisory services; either party may terminate with 30 days notice.
- Director Elisa Zúñiga Ramirez will not stand for reelection at 2026 annual meeting; board size reduced to 14 (Peoples) and 15 (Peoples Bank).
- No disagreement cited for director departure; changes effective at 2026 annual meeting.

## SEC filing metadata
- accession: 0001104659-26-039162
- form_type: 8-K
- ticker: PFIS
- cik: 0001056943
- company_name: PEOPLES FINANCIAL SERVICES CORP.
- filed_at: 2026-04-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1056943/000110465926039162/0001104659-26-039162-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1056943/000110465926039162/tm2610999d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-039162
- JSON: https://secwatch.observer/filing/0001104659-26-039162.json
- Plain text: https://secwatch.observer/filing/0001104659-26-039162.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.