Ronald Kukuchka - Jul 1, 2024 Form 4 Insider Report for PEOPLES FINANCIAL SERVICES CORP. (PFIS)

Role: Director
Signature: /s/ Carla Olenchak, Attorney in Fact for Ronald Kukuchka
Stock symbol: PFIS
Transactions as of: Jul 1, 2024
Transactions value $: $0
Form type: 4
Date filed: 7/31/2024, 05:23 PM
Previous filing: Jan 12, 2024
Next filing: Aug 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	PFIS	COMMON STOCK	Award		+324	+1.03%		31.8K	Jul 1, 2024	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement") dated as of September 27, 2023 by and between Peoples Financial Services Corp. ("Peoples") and FNCB Bancorp, Inc. ("FNCB"), on July 1, 2024 (the "Closing Date") FNCB merged with and into Peoples (the "Merger"), with Peoples continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of FNCB common stock held by the reporting person was converted into the right to receive 0.1460 of a share of common stock of Peoples rounded down to the nearest whole number of shares.
F2	This amount includes 74.9080 shares acquired individually by Mr. Kukuchka on March 15, 2024 pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan ("DRP"); and 77.5670 DRP shares acquired individually by Mr. Kukuchka on June 14, 2024.

Content

Pursuant to the terms of the Agreement and Plan of Merger (the "Merger Agreement") dated as of September 27, 2023 by and between Peoples Financial Services Corp. ("Peoples") and FNCB Bancorp, Inc. ("FNCB"), on July 1, 2024 (the "Closing Date") FNCB merged with and into Peoples (the "Merger"), with Peoples continuing as the surviving company of the Merger. Pursuant to the Merger Agreement, on the Closing Date each share of FNCB common stock held by the reporting person was converted into the right to receive 0.1460 of a share of common stock of Peoples rounded down to the nearest whole number of shares.

This amount includes 74.9080 shares acquired individually by Mr. Kukuchka on March 15, 2024 pursuant to the Issuer's Dividend Reinvestment and Stock Purchase Plan ("DRP"); and 77.5670 DRP shares acquired individually by Mr. Kukuchka on June 14, 2024.