CBU Executive's Stock Sale: Inside Look at Latest Insider Transaction

Rhea-AI Filing Summary

Form 144 Notice filed for Community Financial System regarding a proposed sale of securities by an insider. The filing details a planned sale of 2,619 shares of common stock with an aggregate market value of $148,261.59 on the NYSE, scheduled for June 25, 2025.

The securities to be sold were acquired through two transactions:

• 2,619 shares received as a stock award on June 13, 2025
• 380 shares from stock options exercise on December 3, 2020

The filing also discloses a previous sale by Susan Skerritt, who sold 380 shares for gross proceeds of $21,340.76 on June 3, 2025. The transaction will be executed through Commonwealth Financial Network in Waltham, MA. Total shares outstanding: 52,851,453.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Commonwealth Financial Network 29 Sawyer Rd Waltham MA 02453	2619	148261.59	52851453	06/25/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	06/13/2025	Stock Award	CBU			2619	06/13/2025	Compensation
Common	12/03/2020	Stock Options Exercise	CBU			380	12/03/2020	cash/check

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Susan Skerritt 5790 Widewaters parkway Dewitt NY 13214	CBU	06/03/2025	380	21340.76

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many CBU shares are being sold by insiders according to the June 2025 Form 144?

According to the Form 144 filing dated June 28, 2025, an insider plans to sell 2,619 shares of CBU common stock through Commonwealth Financial Network, with an aggregate market value of $148,261.59.

What was the acquisition method for the CBU shares being sold?

The shares being sold were acquired through two methods: 2,619 shares were received as a Stock Award on June 13, 2025 as compensation, and 380 shares were acquired through Stock Options Exercise on December 3, 2020 paid via cash/check.

What recent insider sales of CBU stock occurred in the past 3 months?

According to the filing, Susan Skerritt of 5790 Widewaters Parkway, Dewitt NY sold 380 shares of CBU on June 3, 2025, generating gross proceeds of $21,340.76.

What is CBU's total shares outstanding as of June 2025?

According to the Form 144 filing, Community Bank System (CBU) had 52,851,453 shares outstanding at the time of the filing in June 2025.

When is the planned sale date for the CBU shares in this Form 144?

The Form 144 indicates an approximate date of sale of June 25, 2025 for the 2,619 shares to be sold on the NYSE through Commonwealth Financial Network.