CITIZENS FINANCIAL SERVICES INC·4

Jun 16, 7:03 AM ET

DePaola Rinaldo A 4

Research Summary

AI-generated summary

Updated

CZFS Director Rinaldo A. DePaola Receives Stock Award

What Happened
Rinaldo A. DePaola, a director of CITIZENS FINANCIAL SERVICES INC (ticker: CZFS), was granted 88 shares on 2026-06-15 as an award under the company's 2026 Equity Incentive Plan. The Form 4 reports the acquisition as an award (transaction code A) at a reported price of $0.00 (total reported cost $0).

Key Details

  • Transaction date: 2026-06-15; Form 4 filed 2026-06-16 (timely filing).
  • Transaction type/code: Stock award / A (grant under equity incentive plan).
  • Shares granted: 88; reported acquisition price: $0.00 (award).
  • Shares owned after transaction: Not specified in the filing.
  • Footnote: "STOCK AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN."
  • No 10b5-1 plan, tax withholding, or sale reported in this filing.

Context
This is a compensation-related award, not an open-market purchase or sale. Such grants are common for directors and reflect company compensation practices rather than direct buying or selling for investment purposes. The filing was submitted promptly (next-business-day), and no additional liquidation or exercise details were reported.