In 2022, Christopher Martin earned $1.00M in total compensation at Provident Financial Services, including $450.00K salary and $413.76K in stock. Most recently sold 18,153 shares in Nov 2024. Currently holds stock worth $12.04M. Has donated $156.44K in stock to charitable causes. Led Provident Financial Services as CEO for 16 years.
Compensation History
Annual executive compensation data for Christopher Martin, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.00M
Salary
$450.00K
Bonus
$0.00
Other
$139.24K
Salary
$450.00KBoard Justification
The executive compensation program is designed to align pay with performance in a manner consistent with safe and sound business practices and sustainable financial performance consistent with the interests of stockholders.
Bonus
$0.00Board Justification
As Executive Chairman, Mr. Martin did not participate in the annual cash incentive plan in 2022.
Other Compensation
$139.24KBoard Justification
Includes perquisites such as the use of employer-owned automobiles, car allowances, membership dues, and other personal benefits, as well as employer contributions to defined contribution plans.
Restricted Stock
Board Justification
Performance-vesting stock awards for the 2020-2022 performance period vested on March 3, 2023, achieving performance at maximum level for both the cumulative Average Core Return on Average Assets and the cumulative Average Core Return on Tangible Equity goals.
Performance Metrics
The performance metrics for 2022 included net income, expense ratio, and earnings per share.
Christopher Martin
Ex-CEO of Provident Financial Services
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Financial Services
CEO of Provident Financial Services for
16 years 10 months (Feb 2005 - Jan 2022)
Previous Experience
President and Chief Executive Officer of First Sentinel Bancorp, Inc. and First Savings Bank
Other Provident Financial Services CEOs
Holdings
Track Christopher Martin's stock holdings and portfolio value over time.
Total Stock Sold
$5.54M
$5.54M
235,372 PFS shares
What if they kept their stock?
If Christopher Martin didn't sell their stock, today they would have:
Extra PFS235,372 shares worth $4.71M.
This is -15.01% and $832.41K less than what they got when they sold the stock.
Charitable Transactions
7,814 shares
PFS
Recent Charitable Transactions
7,814 shares
PFS
Dec 31, 2017
Charity
Insider Trading
Christopher Martin's recent stock transactions, purchases, and sales filed with the SEC.
$374.30K
PFS at $20.62/share
Nov 20, 2024
Sale
42,477 shares
PFS
Mar 3, 2024
Received
42,391 shares
PFS
Mar 3, 2023
Received
$1.21M
PFS at $23.35/share
Jan 31, 2023
Sale
17,667 shares
PFS
Mar 4, 2022
Received
16,173 shares
PFS
Mar 5, 2021
Received
$318.65K
PFS at $12.75/share
Sep 10, 2020
Purchase
28,292 shares
PFS
Mar 7, 2020
Received
33,678 shares
PFS
Mar 5, 2019
Received
31,224 shares
PFS
Mar 7, 2018
Received
Rivals
Compare Christopher Martin with competitor CEOs and industry peers.