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4//SEC Filing

TRYNISKI MARK E 4

Accession 0001127602-24-010913

CIK 0000723188other

Filed

Mar 20, 8:00 PM ET

Accepted

Mar 21, 4:41 PM ET

Size

9.1 KB

Accession

0001127602-24-010913

Insider Transaction Report

Form 4
Period: 2024-03-19
TRYNISKI MARK E
DirectorPresident & CEO
Transactions
  • Award

    Phantom Stock (Deferred Stock Units)

    2024-03-19+1,3951,395 total
    Common Stock (1,395 underlying)
Holdings
  • Common Stock

    (indirect: By Trust)
    27,264
  • Common Stock

    59,062
  • Common Stock

    (indirect: By Trust)
    98,512
Footnotes (5)
  • [F1]On March 6, 2024, the reporting person transferred 29,433 shares of common stock previously beneficially owned through the Community Bank System, Inc. 401(k) Employee Stock Ownership Plan.
  • [F2]Includes 234 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
  • [F3]The reporting person is the trustee and his immediate family members are beneficiaries of the Phyllis Tryniski Family Trust. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  • [F4]The reporting person's spouse is the trustee of the Mark Tryniski Family Trust and his immediate family members are beneficiaries. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
  • [F5]The reporting person has received deferred stock units under the Community Bank System, Inc. 2022 Long-Term Incentive Plan, as amended (the "Plan"). Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Bank System, Inc. common stock and will be settled in common stock at a predetermined date.

Issuer

COMMUNITY BANK SYSTEM, INC.

CIK 0000723188

Entity typeother

Related Parties

1
  • filerCIK 0001242753

Filing Metadata

Form type
4
Filed
Mar 20, 8:00 PM ET
Accepted
Mar 21, 4:41 PM ET
Size
9.1 KB