Pecor Raymond C III 5
5 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Feb 11, 2026
Insider Transaction Report
Form 5
Pecor Raymond C III
Director
Transactions
- Gift
Common Stock
[F1]2025-10-16+265→ 10,107.181 total - Gift
Common Stock
[F2][F3]2025-10-16+530→ 11,191.777 total(indirect: By Trust)
Holdings
- 10,011.371
Phantom Stock (Deferred Compensation under Merchants plan)
[F4][F5]→ Common Stock (10,011.371 underlying) - 8,731.215
Phantom Stock (Deferred Compensation)
[F6][F7]→ Common Stock (8,731.215 underlying) - 7,115.555
Phantom Stock (Deferred Stock Units)
[F8][F9]→ Common Stock (7,115.555 underlying)
Footnotes (9)
- [F1]Includes 242.0560 shares acquired pursuant to the Community Financial System, Inc. Dividend Reinvestment Plan.
- [F2]Includes 262.4190 shares acquired pursuant to the Community Financial System, Inc. Dividend Reinvestment Plan.
- [F3]The reporting person disclaims beneficial ownership of these securities, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or any other purpose.
- [F4]The units of phantom stock were acquired through Merchants Bancshares, Inc.'s ("Merchants") deferred compensation plan. 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 such deferred compensation plan will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person.
- [F5]Includes 87.8432, 75.6053, and 82.7615 units of phantom stock acquired as dividend equivalents on April 10, 2025, July 10, 2025, and October 10, 2025, respectively, under the Deferred Compensation Plan.
- [F6]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.
- [F7]Includes 76.0958, 66.4144, and 73.4440 units of phantom stock acquired as dividend equivalents on April 10, 2025, July 10, 2025, and October 10, 2025, respectively, under the DCP for Directors.
- [F8]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.
- [F9]Includes 51.3870, 54.3197, and 60.0685 units of phantom stock acquired as dividend equivalents on April 10, 2025, July 10, 2025, and October 10, 2025, respectively, under the LTIP.
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Raymond C. Pecor, III|2026-02-11