{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-036050","form_type":"8-K","ticker":"PFS","cik":"0001178970","company_name":"PROVIDENT FINANCIAL SERVICES INC","filed_at":"2025-07-25T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.502100+00:00","generated_at":"2026-05-18T00:49:55.659478+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Provident Financial adopts new Executive Severance Plan for named executive officers","bullets":["Board adopted Provident Bank Executive Severance Plan effective July 24, 2025.","Executives must waive existing change-in-control agreements to participate.","Outside CIC: severance = 1x base salary + 1x target incentive + COBRA for 1 year.","Within CIC: Lyons gets 3x multiple; Murray & Vakacherla get 2x multiple; no excise tax gross-up.","Named executive officers: Thomas Lyons, Valerie Murray, Ravi Vakacherla."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-036050","json":"https://secwatch.observer/filing/0001628280-25-036050.json","markdown":"https://secwatch.observer/filing/0001628280-25-036050.md","text":"https://secwatch.observer/filing/0001628280-25-036050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1178970/000162828025036050/0001628280-25-036050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1178970/000162828025036050/pfs-20250724.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T00:49:55.659478+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}