Key facts
- This page summarizes John Parente's Form 4 filing for COMMUNITY FINANCIAL SYSTEM, INC. (CBU).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 01 May 2026, 16:22.
John Parente - 29 Apr 2026 Form 4 Insider Report for COMMUNITY FINANCIAL SYSTEM, INC. (CBU)
- Reporting relationship
- Director
- Issuer ticker
- CBU
- Reported as of
- 29 Apr 2026
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 01 May 2026, 16:22:54 UTC
- Prior SEC filing
- 23 Mar 2026
- Source filing
- View source filing
- Reporting owner signature
- /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by John Parente
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
John Parente filed Form 4 for COMMUNITY FINANCIAL SYSTEM, INC. (CBU) on 01 May 2026.
Change
- Previous filing in this sequence was filed on 23 Mar 2026.
- 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
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reporting Owners (1)
CIK 0001486057
Primary reporting owner
Parente John
- Relationship
- Director
- Address
- C/O COMMUNITY FINANCIAL SYSTEM, INC., 333 BUTTERNUT DRIVE, SYRACUSE
- Signature
- /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by John Parente
- Signature date
- 01 May 2026
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
CBU
transaction
Common Stock
Options Exercise
- Transaction value
- Shares
- +9
- Change %
- +0.01%
- Price
- Shares after
- 72,654
- Date
- 29 Apr 2026
- Ownership
- Direct
- Footnotes
- F1
CBU
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,000
- Date
- 29 Apr 2026
- Ownership
- By son, John K. Parente Trust U/A 6/15/96
- Footnotes
- F2
CBU
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,000
- Date
- 29 Apr 2026
- Ownership
- By son, Louis C. Parente Trust U/A 3/29/01
- Footnotes
- F3
CBU
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 10,000
- Date
- 29 Apr 2026
- Ownership
- By son, Samuel M. Parente Trust U/A 6/16/98
- Footnotes
- F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
CBU
transaction
Derivative
Phantom Stock (Deferred Stock Units)
Options Exercise
- Transaction value
- Shares
- -9
- Change %
- -0.73%
- Price
- Shares after
- 1,220
- Date
- 29 Apr 2026
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 9
- Exercise price
- Footnotes
- F1, F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
On April 29, 2026, the reporting person's phantom stock units were settled for 9 shares of Community Financial System, Inc. common stock, and .4418 shares were settled in cash at the price of $63.17 per share.
Footnote F2
The trust was established for the benefit of the reporting person's child and the reporting person does not have investment discretion nor a pecuniary interest in the shares held by the trust. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Footnote F3
The trust was established for the benefit of the reporting person's child and the reporting person does not have any investment discretion, voting power or pecuniary interest in the shares held by the trust. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Footnote F4
The trust was established for the benefit of the reporting person's child and the reporting person does not have any investment discretion, voting power or pecuniary interest in the shares held by the trust. The reporting person disclaims beneficial ownership of these shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of these shares for purposes of Section 16 or for any other purpose.
Footnote F5
The reporting person has received deferred stock units under the Community Financial System, Inc. 2022 Long-Term Incentive Plan, as amended (the "LTIP"). Each phantom stock unit which represents a deferred stock unit is the economic equivalent of one share of Community Financial System, Inc. common stock and will be settled in common stock at a predetermined date.
Footnote F6
Includes 9.4418 units of phantom stock acquired on April 10, 2026 under the LTIP's dividend reinvestment feature.