Dimitar Karaivanov - 02 May 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: 02 May 2023
Net transactions value: +$25,000
Form type: 4
Filing time: 03 May 2023, 13:50:26 UTC
Previous filing: 28 Mar 2023
Next filing: 06 Jun 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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$25,000	+526	+65%	$47.50	1,333	02 May 2023	By 401(k) Plan	F1
holding	CBU	Common Stock						15,035	02 May 2023	Direct

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

Explanation of Responses:

Id	Content
F1	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.