4//SEC Filing
Sullivan Michele 4
Accession 0000723188-25-000018
CIK 0000723188other
Filed
Dec 18, 7:00 PM ET
Accepted
Dec 19, 3:50 PM ET
Size
7.9 KB
Accession
0000723188-25-000018
Insider Transaction Report
Form 4
Sullivan Michele
Director
Transactions
- Award
Deferred Stock (Deferred Compensation)
2025-12-18$60.69/sh+409.87$24,875→ 3,062.671 total→ Common Stock (409.87 underlying)
Holdings
- 2,711.595
Phantom Stock (Deferred Stock Units)
→ Common Stock (2,711.595 underlying)
Footnotes (4)
- [F1]The reporting person has received deferred stock units under the Community Financial System, Inc. 2022 Long-Term Incentive Plan, as amended (the "LTIP"). 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.
- [F2]Includes 12.7836, 20.6277, and 22.811 units of phantom stock acquired as dividend equivalents on April 10, 2025, July 10, 2025, and October 10, 2025, respectively, under the LTIP.
- [F3]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 for Directors (the "DCP for Directors"), will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person.
- [F4]Includes 13.3543, and 18.8141 units of phantom stock acquired on July 10, 2025, and October 10, 2025, respectively, under the DCP for Directors.
Documents
Issuer
COMMUNITY FINANCIAL SYSTEM, INC.
CIK 0000723188
Entity typeother
Related Parties
1- filerCIK 0002009605
Filing Metadata
- Form type
- 4
- Filed
- Dec 18, 7:00 PM ET
- Accepted
- Dec 19, 3:50 PM ET
- Size
- 7.9 KB