Form 4 for CBU COMMUNITY FINANCIAL SYSTEM, INC.
Accepted 2025-04-16 00:00:00 ET · period of report 2025-04-15 · accession 0001127602-25-012167 · 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 | 2025-04-15 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | +1,181 | 40.0K | +3% | $0 |
| D | 2025-04-16 | 2025-04-15 | CBU | STEELE SALLY A | Dir | M - OptEx | $0.00 | -1,181 | 1,236 | -49% | $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 | 2025-04-15 | M | A | 1,181 | $0.00 | 39,964 | D | — | — | (F1) On April 15, 2025, the reporting person's phantom stock units were settled for 1,181 shares of Community Financial System, Inc. common stock, and .4755 shares were settled in cash at the price of $52.25 per share. |
| 2 | Derivative | Phantom Stock (Deferred Stock Units) | 2025-04-15 | M | D | 1,181 | $0.00 | 1,235.76 | D | — · — to — | 1,181 Common Stock | (F3) Includes 10.4655 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. |