COMMUNITY FINANCIAL SYSTEM, INC.·4

Jun 29, 11:13 AM ET

Bolus Mark J. 4

4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Jun 29, 2026

Research Summary

AI-generated summary of this filing

Updated

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.

Insider Transaction Report

Form 4
Period: 2026-06-25
Transactions
  • Sale

    Common Stock

    2026-06-25$67.00/sh12,190.833$816,78694,060 total
Holdings
  • Common Stock

    (indirect: By Trust)
    5,938.86
  • Common Stock

    (indirect: By Trust)
    8,130.863
  • Common Stock

    (indirect: By Trust)
    5,938.86
  • Common Stock

    (indirect: By Trust)
    5,938.86
  • Common Stock

    (indirect: By Trust)
    5,938.86
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Mark J. Bolus|2026-06-29

Documents

1 file
  • 4
    form4.xmlPrimary

    PRIMARY DOCUMENT