Susan E. Skerritt - 18 Mar 2025 Form 4 Insider Report for COMMUNITY FINANCIAL SYSTEM, INC. (CBU)

Reporting relationship: Director
Issuer ticker: CBU
Reported as of: 18 Mar 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 20 Mar 2025, 15:35:07 UTC
Prior SEC filing: 04 Mar 2025
Next SEC filing: 18 Feb 2026
Source filing: View source filing
Reporting owner signature: /s/ Danielle M. Cima, pursuant to a Confirmng Statement executed by Susan E. Skerritt

Key filing fact

Susan E. Skerritt filed Form 4 for COMMUNITY FINANCIAL SYSTEM, INC. (CBU) on 20 Mar 2025.

Key facts

This page summarizes Susan E. Skerritt's Form 4 filing for COMMUNITY FINANCIAL SYSTEM, INC. (CBU).
1 reported transaction and 1 derivative row are listed below.
Accepted by SEC: 20 Mar 2025, 15:35.

Change

Previous filing in this sequence was filed on 04 Mar 2025.
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

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 Stock Units)

Award

Transaction value: $0
Shares: +1,225
Change %: +30%
Price: $0.000000
Shares after: 5,249
Date: 18 Mar 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,225
Exercise price: $0.000000
Footnotes: F1, F2

^* 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

The reporting person has received deferred stock units under the Community Financial System, Inc. 2022 Long-Term Incentive Plan, as amended (the "Plan"). 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 F2

Includes 25.8915, 36.666, 31.5553, and 31.3025 units of phantom stock acquired as dividend equivalents on April 10, 2024, July 10, 2024, October 10, 2024, and January 10, 2025, respectively, under the Plan.