Dimitar Karaivanov - 08 Mar 2023 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Role: EVP, Chief Operating Officer
Signature: /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Dimitar Karaivanov
Issuer symbol: CBU
Transactions as of: 08 Mar 2023
Net transactions value: -$31,563
Form type: 4
Filing time: 09 Mar 2023, 12:28:42 UTC
Previous filing: 08 Jun 2022
Next filing: 15 Mar 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBU	Common Stock	Tax liability	$31,563	-517	-3.9%	$61.05	12,687	08 Mar 2023	Direct	F1
holding	CBU	Common Stock						334	08 Mar 2023	By 401(k) Plan	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Payment of tax liability associated with vesting of restricted stock award.
F2	The number of shares reported herein acquired pursuant to Community Bank System, Inc.'s 401(k) Plan and are based on a current plan statement.