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AI brief of an SEC Form 8-K · PEOPLES FINANCIAL SERVICES CORP. (PFIS)

Peoples Financial Services amends former President Tulaney's retirement plan agreement

Neutral Impact 2 of 5 leadership Written later

On August 28, 2026, Peoples Financial Services Corp. and its bank subsidiary amended the Supplemental Executive Retirement Plan agreement with former President Thomas P. Tulaney. The change adds a lifetime monthly payment after a twenty-year normal retirement benefit period, funded by an annuity contract the bank purchased.

Key points

  • Amendment approved August 28, 2026, with former President Thomas P. Tulaney
  • Bank bought an annuity contract to fund his normal retirement benefit under the SERP
  • If he survives the twenty-year benefit period, monthly payments continue for the rest of his life

The filing

CompanyPEOPLES FINANCIAL SERVICES CORP. (PFIS)
Form8-K, current report
Filed with the SECSep 1, 2026, 4:08 PM ET
Accession number0001104659-26-104305

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:29 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on September 01, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.