STICKELS ERIC 4
Research Summary
AI-generated summary
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.