4Filed Sep 14, 8:00 PM ET
CITIZENS FINANCIAL (CZFS) Director Joseph R. Landy Receives Award
$CZFS · CITIZENS FINANCIAL SERVICES INCResearch Summary
AI-generated summary of this SEC filing
CITIZENS FINANCIAL (CZFS) Director Joseph R. Landy Receives Award
What Happened
- Joseph R. Landy, a director of Citizens Financial Services, Inc. (ticker: CZFS), was granted 70 shares on 2026-09-15. The award is reported at $0.00 per share (total reported cash value $0) and is described as a stock award under the company's 2026 Equity Incentive Plan.
- This is a compensation grant (award), not an open-market purchase or sale. Such grants are part of director/executive compensation and may be subject to vesting and transfer restrictions.
Key Details
- Transaction date: 2026-09-15. Filing date: 2026-09-15 (timely).
- Transaction type/code: Award/Grant (A).
- Shares granted: 70; reported acquisition price: $0.00; reported cash value: $0.
- Shares owned after transaction: not stated in the provided Form 4.
- Filing footnote: "STOCK AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN."
- No indication in this filing of a 10b5‑1 plan, tax-withholding disposition, or immediate sale of the shares.
Context
- Equity awards to directors are common as compensation and typically vest over time; they do not represent an open-market purchase that signals a director buying shares with personal funds.
- For retail investors, awards are informative about company pay practices but should not be read as a direct vote of confidence like a personal cash purchase might be.