Joseph E. Sutaris - Nov 26, 2024 Form 4 Insider Report for COMMUNITY FINANCIAL SYSTEM, INC. (CBU)

Role
EVP & Chief Financial Officer
Signature
/s/ Danielle M. Cima, pursuant to a Confiming Statement executed by Joseph E. Sutaris
Stock symbol
CBU
Transactions as of
Nov 26, 2024
Transactions value $
-$441,132
Form type
4
Date filed
11/27/2024, 01:47 PM
Previous filing
May 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBU Common Stock Options Exercise $0 +2.06K +16.56% $0.00 14.5K Nov 26, 2024 Direct
transaction CBU Common Stock Options Exercise $0 +1.5K +10.36% $0.00 16K Nov 26, 2024 Direct
transaction CBU Common Stock Options Exercise $0 +1.56K +9.74% $0.00 17.6K Nov 26, 2024 Direct
transaction CBU Common Stock Options Exercise $0 +2.52K +14.37% $0.00 20.1K Nov 26, 2024 Direct
transaction CBU Common Stock Tax liability -$441K -6.17K -30.73% $71.45 13.9K Nov 26, 2024 Direct
holding CBU Common Stock 10.6K Nov 26, 2024 By 401(k) Plan F1

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 -2.06K -100% $0.00 0 Nov 26, 2024 Common Stock 2.06K $38.02 Direct F2
transaction CBU Stock Option Options Exercise $0 -1.5K -100% $0.00 0 Nov 26, 2024 Common Stock 1.5K $57.12 Direct F3
transaction CBU Stock Option Options Exercise $0 -1.56K -100% $0.00 0 Nov 26, 2024 Common Stock 1.56K $55.92 Direct F4
transaction CBU Stock Option Options Exercise $0 -2.52K -36.55% $0.00 4.38K Nov 26, 2024 Common Stock 2.52K $51.64 Direct F5
* 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.
F2 The option vested ratably on March 16, 2017, 2018, 2019, 2020 and 2021.
F3 The option vested ratably on March 15, 2018, 2019, 2020, 2021 and 2022.
F4 The option vested ratably on March 20, 2019, 2020, 2021, 2022 and 2023.
F5 The option vests ratably on March 17, 2021, 2022, 2023, 2024, and 2025.