Community Financial (CBU) Director John Vaccaro Buys 317 Shares

What Happened

• John A. Vaccaro, a director of Community Financial System, Inc. (CBU), made an open-market purchase of 317 shares on 2026-08-27 at $63.11 per share, reported as a purchase (Code P) for a total reported value of $20,006. This is a buy transaction rather than a sale.

Key Details

• Transaction date and price: 2026-08-27 — 317 shares at $63.11 each (Code P: Purchase).
• Report filed: Form 4 filed 2026-08-28 (period of report 2026-08-27); filing appears timely (no late filing indicated).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes of note:
  • F1/F3: The filing references "phantom stock" / deferred stock units that are economic equivalents of common shares and will be settled in common stock at future dates under the Director Deferred Compensation Plan (DCP) and the 2022 Long-Term Incentive Plan (LTIP).
  • F2: Includes 2.2149 phantom units received as dividend equivalents on July 10, 2026 under the DCP for Directors.
  • F4: Includes 8.5864 phantom units acquired July 10, 2026 under the LTIP dividend reinvestment feature.

Context

• This transaction is a straightforward open-market purchase, not an option exercise or gift. The phantom/deferred units noted in footnotes are not immediate shares but represent future settlement rights to common stock.
• Purchases by insiders can be informative to investors, though they do not prove future performance; this filing is factual and timely.