Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2025-04-16 00:00:00 ET · period of report 2025-04-14 · accession 0001127602-25-012106 · 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 | 2025-04-16 | 2025-04-14 | CBU | Bolus Mark J. | Dir | M - OptEx | $0.00 | +12 | 103.8K | +0.0% | $0 |
| D | 2025-04-16 | 2025-04-14 | CBU | Bolus Mark J. | Dir | M - OptEx | $0.00 | -12 | 2,479 | -0.5% | $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 | 2025-04-14 | M | A | 12 | $0.00 | 103,827.70 | D | — | — | (F1) On April 14, 2025, the reporting person's deferred stock units were settled for 12 shares of Community Financial System, Inc. common stock, and .7835 shares were settled in cash at the price of $51.47 per share. |
| 2 | Derivative | Phantom Stock (Deferred Stock Units) | 2025-04-14 | M | D | 12 | $0.00 | 2,478.51 | D | — · — to — | 12 Common Stock | (F3) Includes 23.883 units of phantom stock acquired on April 10, 2025 under the Plan's dividend reinvestment feature. (F2) The reporting person has received deferred stock units under the Community Financial System, Inc. 2022 Long-Term Incentive Plan, as amended (the "Plan"). Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Financial System, Inc. common stock and will be settled in common stock at a predetermined date. |