STEELE SALLY A 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Mar 20, 2025
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Award
Phantom Stock (Deferred Stock Units)
2025-03-18+1,225→ 2,406.774 total→ Common Stock (1,225 underlying)
Footnotes (2)
- [F1]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.
- [F2]Includes 13.032, 11.2154, and 9.1082 units of phantom stock acquired as dividend equivalents on July 10, 2024, October 10, 2024, and January 10, 2025, respectively, under the Plan.