ACE BRIAN R bought CBU

March 19, 2024 · Form 4 insider transaction

ACE BRIAN R bought 1,395 shares of Community Financial System, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 1 day after the transaction.

Direction
Acquired (buy-side)
Shares
1,395
Price
$0.00
Total value
N/A
Role
SecurityPhantom Stock (Deferred Stock Units)
Transaction codeA: Grant or award
Transaction dateMarch 19, 2024
Filing dateMarch 20, 2024
Shares owned after9,025
OwnershipDirect
10b5-1 planNo
AmendedNo

Footnotes

The reporting person has received deferred stock units under the Community Bank 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 Bank System, Inc. common stock and will be settled in common stock at a predetermined date.; Includes 65.1683, 73.3945, 79.0619, and 67.7495 units of phantom stock acquired on April 10, 2023, July 10, 2023, October 10, 2023, and January 10, 2024, respectively, as dividend equivalents under the Plan.

View the original Form 4 on SEC EDGAR