Joseph F. Serbun - 02 Oct 2022 Form 4 Insider Report for COMMUNITY BANK SYSTEM, INC. (CBU)

Reporting relationship: President, Retail Banking
Issuer ticker: CBU
Reported as of: 02 Oct 2022
Net transaction value: -$68,225
SEC form: 4
Accepted by SEC: 14 Oct 2022, 12:36:23 UTC
Prior SEC filing: 16 Mar 2022
Next SEC filing: 30 Jan 2025
Source filing: View source filing
Reporting owner signature: /s/ Marguerite K. Geiss, pursuant to a Confirming Statement executed by Joseph F. Serbun

Key filing fact

Joseph F. Serbun filed Form 4 for COMMUNITY BANK SYSTEM, INC. (CBU) on 14 Oct 2022.

Key facts

This page summarizes Joseph F. Serbun's Form 4 filing for COMMUNITY BANK SYSTEM, INC. (CBU).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 14 Oct 2022, 12:36.

Change

Previous filing in this sequence was filed on 16 Mar 2022.
Current net transaction value: -$68,225.

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 non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CBU transaction

Common Stock

Tax liability

Transaction value: $68,225
Shares: -1,119
Change %: -8.1%
Price: $60.97
Shares after: 12,763
Date: 02 Oct 2022
Ownership: Direct
Footnotes: F1

CBU transaction

Common Stock

Award

Transaction value: $0
Shares: +483
Change %: +3.8%
Price: $0.000000
Shares after: 13,246
Date: 14 Oct 2022
Ownership: Direct
Footnotes: F2

CBU holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 1,866
Date: 02 Oct 2022
Ownership: By 401(k) Plan

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 2 footnotes

Footnote F1

Payment of tax liability associated with vesting of restricted stock award.

Footnote F2

Granted pursuant to the Retirement and Release Agreement filed as Exhibit 10.2 to Community Bank System's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 26, 2022.