Community Financial (CBU) Director Mark J. Bolus Sells 12,190 Shares

What Happened

• Mark J. Bolus, a director of Community Financial System, Inc. (CBU), disposed of 12,190.833 shares on 2026-06-25 in an open-market or private sale. The shares were sold at $67.00 per share for gross proceeds of approximately $816,786. This was a sale (disposition), which is often routine insider selling and does not by itself indicate company outlook.

Key Details

• Transaction date and price: 2026-06-25 at $67.00 per share
• Shares sold / proceeds: 12,190.833 shares; ~$816,786 gross proceeds
• Shares owned after transaction: Not specified in the provided filing
• Footnotes / plan info: Filing does not indicate a 10b5-1 plan, tax withholding, or other special instructions
• Filing timeliness: Form filed 2026-06-29; with a 6/25 trade this filing date appears to meet the standard two-business-day Form 4 reporting window (timely)

Context

• This was a straightforward share sale (transaction code S). Sales by directors can be routine (diversification, taxes, planned sales) and do not necessarily signal negative views; purchases generally carry more informational weight. The fractional share quantity (12,190.833) may reflect the mechanics of how the shares were disposed but the filing gives no reason for the sale.