Jeffrey L. Davis - 22 Jun 2023 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Reporting relationship: Director
Issuer ticker: CBU
Reported as of: 22 Jun 2023
Net transaction value: +$10,625
SEC form: 4
Accepted by SEC: 22 Jun 2023, 14:44:06 UTC
Prior SEC filing: 20 Jun 2023
Source filing: View source filing
Reporting owner signature: /s/ Danielle M. Cima, pursuant to a Confirming Statement executed by Jeffrey L. Davis

Key filing fact

Jeffrey L. Davis filed Form 4 for COMMUNITY BANK SYSTEM, INC. (CBU) on 22 Jun 2023.

Key facts

This page summarizes Jeffrey L. Davis's Form 4 filing for COMMUNITY BANK SYSTEM, INC. (CBU).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 22 Jun 2023, 14:44.

Change

Previous filing in this sequence was filed on 20 Jun 2023.
Current net transaction value: +$10,625.

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.

View source filing

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

CBU transaction Derivative

Phantom Stock (Deferred Compensation)

Award

Transaction value: $10,625
Shares: +216
Change %: +4.1%
Price: $49.10
Shares after: 5,521
Date: 22 Jun 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 216
Exercise price
Footnotes: F1

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 1 footnote

Footnote F1

Each unit of phantom stock is the economic equivalent of one share of Community Bank System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan will be settled in Community Bank System, Inc. common stock at future dates selected by the reporting person.