DePaola Rinaldo A 4

What Happened Rinaldo A. DePaola, a director of CITIZENS FINANCIAL SERVICES INC (CZFS), received a grant of 99 shares as a stock award on 2026-04-30. The reported price per share is $0.00 (award/grant), so the filing shows $0 cash exchanged; the grant was issued under the company’s 2026 Equity Incentive Plan. This is a compensation-related award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-30 (reported period 2026-04-30; Form 4 filed 2026-04-30, accession 0000739421-26-000032)
• Transaction type/code: Award/Grant (A) — 99 shares @ $0.00; reported value $0
• Plan/remarks: "Stock awards granted pursuant to the Citizens Financial Services, Inc. 2026 Equity Incentive Plan."
• Shares owned after transaction: not disclosed in the provided filing excerpt
• Other notes: No 10b5-1 plan, tax withholding, or late-filing indication included in the provided data

Context Stock awards to directors are a common form of compensation and are not the same as buying shares on the open market; they may vest over time or be subject to conditions (vesting/tax treatment not detailed here). Such grants do not necessarily signal immediate buying or selling intent — future Form 4s will show any subsequent sales or transfers.