<SEC-DOCUMENT>0001437749-24-024147.txt : 20240731
<SEC-HEADER>0001437749-24-024147.hdr.sgml : 20240731
<ACCEPTANCE-DATETIME>20240731172327
ACCESSION NUMBER:		0001437749-24-024147
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20240701
FILED AS OF DATE:		20240731
DATE AS OF CHANGE:		20240731

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			KUKUCHKA RONALD G
		CENTRAL INDEX KEY:			0001399032
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36388
		FILM NUMBER:		241163081

	MAIL ADDRESS:	
		STREET 1:		PO BOX A
		CITY:			HALLSTEAD
		STATE:			PA
		ZIP:			18822

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PEOPLES FINANCIAL SERVICES CORP.
		CENTRAL INDEX KEY:			0001056943
		STANDARD INDUSTRIAL CLASSIFICATION:	NATIONAL COMMERCIAL BANKS [6021]
		ORGANIZATION NAME:           	02 Finance
		IRS NUMBER:				232391852
		STATE OF INCORPORATION:			PA
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		150 N WASHINGTON AVE
		CITY:			SCRANTON
		STATE:			PA
		ZIP:			18503
		BUSINESS PHONE:		570-346-7741

	MAIL ADDRESS:	
		STREET 1:		150 N WASHINGTON AVE
		CITY:			SCRANTON
		STATE:			PA
		ZIP:			18503

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PEOPLES FINANCIAL SERVICES CORP/
		DATE OF NAME CHANGE:	19980303
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>rdgdoc.xml
<DESCRIPTION>FORM 4
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0508</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2024-07-01</periodOfReport>

    <issuer>
        <issuerCik>0001056943</issuerCik>
        <issuerName>PEOPLES FINANCIAL SERVICES CORP.</issuerName>
        <issuerTradingSymbol>PFIS</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001399032</rptOwnerCik>
            <rptOwnerName>KUKUCHKA RONALD G</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O PEOPLES SECURITY BANK &amp; TRUST CO.</rptOwnerStreet1>
            <rptOwnerStreet2>150 N. WASHINGTON AVE.</rptOwnerStreet2>
            <rptOwnerCity>SCRANTON</rptOwnerCity>
            <rptOwnerState>PA</rptOwnerState>
            <rptOwnerZipCode>18503</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>COMMON STOCK</value>
            </securityTitle>
            <transactionDate>
                <value>2024-07-01</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>A</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>324</value>
                </transactionShares>
                <transactionPricePerShare>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>A</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>31830.487</value>
                    <footnoteId id="F2"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Pursuant to the terms of the Agreement and Plan of Merger (the &quot;Merger Agreement&quot;) dated as of September 27, 2023 by and between Peoples Financial Services Corp. (&quot;Peoples&quot;) and FNCB Bancorp, Inc. (&quot;FNCB&quot;), on July 1, 2024 (the &quot;Closing Date&quot;) FNCB merged with and into Peoples (the &quot;Merger&quot;), 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.</footnote>
        <footnote id="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 (&quot;DRP&quot;); and 77.5670 DRP shares acquired individually by Mr. Kukuchka on June 14, 2024.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Carla Olenchak, Attorney in Fact for Ronald Kukuchka</signatureName>
        <signatureDate>2024-07-31</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
