Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2025-01-06 00:00:00 ET · period of report 2025-01-02 · accession 0001127602-25-000675 · 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 | 2025-01-06 | 2025-01-02 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | +3,663 | 38.8K | +10% | $0 |
| D | 2025-01-06 | 2025-01-02 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | -3,663 | 0 | -100% | $0 |
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 | 2025-01-02 | M | A | 3,663 | $0.00 | 38,755 | D | — | — | (F1) On January 2, 2025, the reporting person's phantom stock units were settled for 3,663 shares of Community Financial System, Inc. common stock, and .5912 shares were settled in cash at the price of $61.68 per share. |
| 2 | Derivative | Phantom Stock (Deferred Compensation) | 2025-01-02 | M | D | 3,663 | $0.00 | 0 | D | — · — to — | 3,663 Common Stock | (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 will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person. |