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Derivative exercise or conversion — not an open-market buy.
Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell.
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Mar 16, 2026
Reporting period
Not applicable
Filed with the SEC
Mar 17, 2026
DirectorOption exercise
Context
Classification
option exercise
Code M — exercise or conversion of a derivative security
Planned / mechanical clue
Footnote references dividend reinvestment
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0000723188-26-000045
Filed / recorded
Mar 17, 2026, 7:33 PM UTC
Added to OQRO
Oct 6, 2026, 10:14 PM UTC
Parser
form4-xml-v2
Data quality
Verified: identifiers matched exactly
Issuer
COMMUNITY FINANCIAL SYSTEM, INC.
Issuer CIK
723188
Ticker
CBU
Reporting person
Eric Stickels
Relationship
Director
Security
Phantom Stock (Deferred Stock Units)
Table
Derivative (Table II)
Transaction date
Mar 16, 2026
Transaction code
M
Shares / units
250
Acquired / disposed
Disposed (D)
Shares owned after
4,014.5421
Ownership form
Direct
Amendment
No
Footnotes from the filing
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.
On March 16, 2026, the reporting person's phantom stock units were settled for 250 shares of Community Financial System, Inc. common stock, and .9119 shares were settled in cash at the price of $57.42 per share."
Includes 32.1998, 35.6078 and 32.6668 units of phantom stock acquired on July 10, 2025, October 10, 2025 and January 12, 2026 under the Plan's dividend reinvestment feature.
Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.