Compensation award — excluded from discretionary-purchase analysis.
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
Sep 17, 2026
Reporting period
Not applicable
Filed with the SEC
Sep 18, 2026
DirectorGrant / award
Context
Classification
grant award
Code A — grant or award
Planned / mechanical clue
None found in footnotes
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0000723188-26-000112
Filed / recorded
Sep 18, 2026, 1:24 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
Michele Sullivan
Relationship
Director
Security
Deferred Stock (Deferred Compensation)
Table
Derivative (Table II)
Transaction date
Sep 17, 2026
Transaction code
A
Shares / units
396.288
Price per share
$62.77
Acquired / disposed
Acquired (A)
Shares owned after
4,381.1476
Ownership form
Direct
Amendment
No
Footnotes from the filing
Each 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.
Includes 25.0107 units of phantom stock acquired on July 10, 2026 as dividend equivalents under the DCP for Directors.
A board member of Community Bank System paid $25K out of pocket for Community Bank System shares. 2 other people at Community Bank System bought some too, in the same month. The Community Bank System shares held grew by 2222%.
A board member of Community Bank System paid $20K out of pocket for Community Bank System shares. 2 other people at Community Bank System bought some too, in the same month. The Community Bank System shares held grew by 181%.