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COMMUNITY FINANCIAL SYSTEM, INC. — Director's Dealing 2025
Jan 14, 2025
31347_dirs_2025-01-14_8d917e22-0f3b-4073-84f5-310ab0509a66.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: COMMUNITY FINANCIAL SYSTEM, INC. (CBU)
CIK: 0000723188
Period of Report: 2025-01-13
Reporting Person: STEELE SALLY A (Director)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2025-01-13 | Common Stock | M | 28 | — | Acquired | 38783 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2025-01-13 | Phantom Stock (Deferred Compensation) | $ | M | 28 | Disposed | Common Stock (28) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 4585 | Indirect |
Footnotes
F1: On January 13, 2025, the reporting person's phantom stock units were settled for 28 shares of Community Financial System, Inc. common stock, and .7195 shares were settled in cash at the price of $58.68 per share.
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.
F3: Includes 28.7195 units of phantom stock acquired on January 10, 2025 under the Deferred Compensation Plan's dividend reinvestment feature.