SEC Form 4 · accession 0000723188-26-000110
COMMUNITY FINANCIAL SYSTEM, INC. · CBU
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Savneet Singh
Director
Period of report
Sep 9, 2026
Accepted (ET)
Sep 10, 2026 · 3:57 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0000723188
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Sep 9, 2026 | P | 400 | $62.47 | A | 418 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock (Deferred Compensation)F2,F3 | — | holding | — | — | — | — | — | Common Stock | 1,397 | 1,397 | D |
| Phantom Stock (Deferred Stock Units)F4,F5 | — | holding | — | — | — | — | — | Common Stock | 2,501 | 2,501 | D |
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $62.41 to $62.53, inclusive. The reporting person undertakes to provide Community Financial System, Inc., any security holder of Community Financial System, Inc. or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
- F2Each unit of phantom stock is the economic equivalent of one share of Community Financial System, Inc. common stock. The units of phantom stock relating to the Deferred Compensation Plan for Directors (the "DCP for Directors"), will be settled in Community Financial System, Inc. common stock at future dates selected by the reporting person.
- F3Includes 10.3606 and 9.7616 units of phantom stock acquired as dividend equivalents on April 10, 2026, and July 10, 2026, respectively, under the DCP for Directors.
- F4The 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.
- F5Includes 9.4416 and 17.4825 units of phantom stock acquired on April 10, 2026, and July 10, 2026, respectively, under the LTIP's dividend reinvestment feature.