STICKELS ERIC 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Community Financial (CBU) Director Eric Stickels Sells 2,000 Shares
What Happened
Eric Stickels, a director of Community Financial System, Inc. (CBU), sold 2,000 shares in an open-market transaction on February 3, 2026. The weighted-average sale price reported was $64.75 per share, for total proceeds of approximately $129,492. This was a sale (not a purchase), which is often routine insider selling rather than a bullish signal.
Key Details
- Transaction date: 2026-02-03 (reported on Form 4 filed 2026-02-05).
- Price: weighted average $64.75; individual trade prices ranged from $64.60 to $64.805 (see footnote).
- Shares sold: 2,000; Total proceeds: ~$129,492.
- Shares owned after transaction: Not disclosed in this filing.
- Footnote: The reported price is a weighted average; the filer can provide per-trade breakdowns on request.
- Filing timeliness: Reported two days after the trade, generally within the Form 4 two-business-day reporting requirement.
Context: This was an open-market sale (insider code S). Sales by directors can be routine (portfolio management, diversification, tax/liquidity needs) and do not necessarily indicate a change in company outlook. No options were exercised and no grants or gifts were reported in this filing.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-02-03$64.75/sh−2,000$129,492→ 33,342 total
- 14,907.657(indirect: By Spouse)
Common Stock
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.60 to $64.805, inclusive. The reporting person undertakes to provide Community Financial System, Inc., any security holder of Community Financial System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.