Deresa F. Durkee - Nov 6, 2024 Form 4 Insider Report for COMMUNITY FINANCIAL SYSTEM, INC. (CBU)

Role
SVP, Chief Accounting Officer
Signature
/s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Deresa F. Durkee
Stock symbol
CBU
Transactions as of
Nov 6, 2024
Transactions value $
-$10,229
Form type
4
Date filed
11/7/2024, 02:45 PM
Previous filing
Oct 9, 2024
Next filing
Nov 15, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBU Common Stock Options Exercise $16.2K +427 +9.36% $38.02 4.99K Nov 6, 2024 Direct
transaction CBU Common Stock Options Exercise $88K +1.71K +34.19% $51.64 6.69K Nov 6, 2024 Direct
transaction CBU Common Stock Tax liability -$115K -1.84K -27.51% $62.20 4.85K Nov 6, 2024 Direct
holding CBU Common Stock 91.7 Nov 6, 2024 By 401(k)
holding CBU Common Stock 218 Nov 6, 2024 By spouse

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

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction CBU Stock Option Options Exercise $0 -427 -100% $0.00 0 Nov 6, 2024 Common Stock 427 $38.02 Direct F1
transaction CBU Stock Option Options Exercise $0 -1.71K -79.97% $0.00 427 Nov 6, 2024 Common Stock 1.71K $51.64 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The option vested ratably on March 16, 2017, 2018, 2019, 2020, and 2021.
F2 The option vests ratably on March 17, 2021, 2022, 2023, 2024, and 2025.