Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2024-12-03 00:00:00 ET · period of report 2024-12-02 · accession 0001127602-24-028354 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2024-12-03 | 2024-12-02 | CBU | Whipple John F. | Dir | M - OptEx | — | +1,313 | 7,136 | +23% | — |
| D | 2024-12-03 | 2024-12-02 | CBU | Whipple John F. | Dir | M - OptEx | — | -1,313 | 6,849 | -16% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2024-12-02 | M | A | 1,313 | — | 7,136.03 | D | — | — | (F1) On December 2, 2024, the reporting person's phantom stock units were settled for 1,313 shares of Community Financial System, Inc. common stock and a cash payment in lieu of .2529 shares of common stock. |
| 2 | Derivative | Phantom Stock (Deferred Compensation) | 2024-12-02 | M | D | 1,313 | — | 6,848.64 | D | — · — to — | 1,313 Common Stock | (F1) On December 2, 2024, the reporting person's phantom stock units were settled for 1,313 shares of Community Financial System, Inc. common stock and a cash payment in lieu of .2529 shares of common stock. (F3) Includes 70.4764, 82.1037, 74.9451 and 64.499 units of phantom stock acquired on January 10, 2024, April 10, 2024, July 10, 2024, and October 10, 2024, respectively, as dividend equivalents under the Plan. (F2) Each unit of phantom stock is the economic equivalent of one share of Community Financial System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan (the "Plan") will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person. |