Mark E. Tryniski - 19 Mar 2024 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Reporting owner 2 facts
Signature
Danielle M. Cima, pursuant to a Confirming Statement executed by Mark E. Tryniski
Issuer context 1 fact
Transaction snapshot 2 facts
SEC evidence 5 facts
Form type
4
Filing time
21 Mar 2024, 16:41:15 UTC
Previous filing
05 Jan 2024
Next filing
29 May 2024
SEC filing
View on sec.gov

Key filing fact

Mark E. Tryniski filed Form 4 for COMMUNITY BANK SYSTEM, INC. (CBU) on 21 Mar 2024.

Key facts

  • This page summarizes Mark E. Tryniski's Form 4 filing for COMMUNITY BANK SYSTEM, INC. (CBU).
  • 1 reported transaction and 1 derivative row are listed below.
  • Filing timestamp: 21 Mar 2024, 16:41.

Change

  • Previous filing in this sequence was filed on 05 Jan 2024.
  • Current net transaction value: $0.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

See Original Filing

Reported transactions

CBU holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
59,062
Date
19 Mar 2024
Ownership
Direct
Footnotes
F1, F2
CBU holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
98,512
Date
19 Mar 2024
Ownership
By Phyllis Tryniski Family Trust
Footnotes
F3
CBU holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
27,264
Date
19 Mar 2024
Ownership
By Mark Tryniski Family Trust
Footnotes
F4

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

CBU transaction Derivative

Phantom Stock (Deferred Stock Units)

Award

Transaction value
$0
Shares
+1,395
Change %
Price
$0.000000
Shares after
1,395
Date
19 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
1,395
Exercise price
Footnotes
F5
* indicates a reported price that failed the local validity check.

Explanation of Responses:

Id Content
F1 On March 6, 2024, the reporting person transferred 29,433 shares of common stock previously beneficially owned through the Community Bank System, Inc. 401(k) Employee Stock Ownership Plan.
F2 Includes 234 shares acquired pursuant to the Community Bank System, Inc. Dividend Reinvestment Plan.
F3 The reporting person is the trustee and his immediate family members are beneficiaries of the Phyllis Tryniski Family Trust. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F4 The reporting person's spouse is the trustee of the Mark Tryniski Family Trust and his immediate family members are beneficiaries. The reporting person disclaims beneficial ownership of the shares held by the trust, and this report should not be deemed an admission that the reporting person is the beneficial owner of these securities for purposes of Section 16 or for any other purpose.
F5 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.
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