Parente John 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Apr 16, 2025
Insider Transaction Report
Form 4
Parente John
Director
Transactions
- Exercise/Conversion
Common Stock
2025-04-14+12→ 69,828.321 total - Exercise/Conversion
Phantom Stock (Deferred Stock Units)
2025-04-14−12→ 1,225 totalExercise: $0.00→ Common Stock (12 underlying)
Footnotes (3)
- [F1]On April 14, 2025, the reporting person's phantom stock units were settled for 12 shares of Community Financial System, Inc. common stock, and .7836 shares were settled in cash at the price of $51.74 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 12.7836 units of phantom stock acquired on April 10, 2025 under the Plan's dividend reinvestment feature.