STEELE SALLY A 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Jan 6, 2025
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Exercise/Conversion
Phantom Stock (Deferred Compensation)
2025-01-02−3,663→ 0 total→ Common Stock (3,663 underlying) - Exercise/Conversion
Common Stock
2025-01-02+3,663→ 38,755 total
Holdings
- 4,585(indirect: Joint with brother)
Common Stock
Footnotes (3)
- [F1]On January 2, 2025, the reporting person's phantom stock units were settled for 3,663 shares of Community Financial System, Inc. common stock, and .5912 shares were settled in cash at the price of $61.68 per share.
- [F2]Each unit of phantom stock is the economic equivalent of one share of Community Financial System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person.
- [F3]Includes 165.9356 units of phantom stock acquired under the Deferred Compensation Plan's dividend reinvestment feature.