Knauss Jeffery J 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Mar 20, 2025
Insider Transaction Report
Form 4
Knauss Jeffery J
Director
Transactions
- Exercise/Conversion
Common Stock
2025-03-19+1,430→ 3,554.491 total - Exercise/Conversion
Phantom Stock (Deferred Stock Units)
2025-03-19−1,430→ 1,225 total→ Common Stock (1,430 underlying) - Award
Phantom Stock (Deferred Stock Units)
2025-03-18+1,225→ 2,655.373 total→ Common Stock (1,225 underlying)
Footnotes (3)
- [F1]On March 19, 2025, the reporting person's phantom stock units were settled for 1,430 shares of Community Financial System, Inc. common stock, and .373 shares were settled in cash at the price of $58.10 per share.
- [F2]The reporting person has received deferred stock units under the Community Financial 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 Financial System, Inc. common stock and will be settled in common stock at a predetermined date.
- [F3]Includes 13.032, 11.2154, and 11.1256 units of phantom stock acquired as dividend equivalents on July 10, 2024, October 10, 2024, and January 10, 2025, respectively, under the Plan.