STEELE SALLY A 4
4 · COMMUNITY FINANCIAL SYSTEM, INC. · Filed Apr 16, 2025
Insider Transaction Report
Form 4
STEELE SALLY A
Director
Transactions
- Exercise/Conversion
Common Stock
2025-04-15+1,181→ 39,964 total - Exercise/Conversion
Phantom Stock (Deferred Stock Units)
2025-04-15−1,181→ 1,235.764 total→ Common Stock (1,181 underlying)
Holdings
- 4,585(indirect: Joint with brother)
Common Stock
Footnotes (3)
- [F1]On April 15, 2025, the reporting person's phantom stock units were settled for 1,181 shares of Community Financial System, Inc. common stock, and .4755 shares were settled in cash at the price of $52.25 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 10.4655 units of phantom stock acquired on April 10, 2025 under the Plan's dividend reinvestment feature.