Community Financial (CBU) director sells 2,000 shares at $64.746 average

Rhea-AI Filing Summary

Community Financial, Inc. director Eric Stickels reported a sale of 2,000 shares of common stock on February 3, 2026. The shares were sold at a weighted average price of $64.746, with individual trades ranging from $64.60 to $64.805 per share.

After this transaction, Stickels beneficially owned 33,342 shares directly. He also reported indirect beneficial ownership of 14,907.6568 shares held through his wife's Community Financial System, Inc. 401(k) account.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

STICKELS ERIC

(Last) (First) (Middle)

C/O COMMUNITY FINANCIAL SYSTEM, INC.

5790 WIDEWATERS PARKWAY

(Street)

DEWITT NY 13214

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
COMMUNITY FINANCIAL SYSTEM, INC. [ CBU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/03/2026		S		2,000	D	$64.746(1)	33,342	D
Common Stock								14,907.6568	I	By Wife's Community Financial System, Inc. 401(k)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $64.60 to $64.805, 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 sold at each separate price within the range set forth in this footnote.

	Danielle M. Cima, pursuant to a Confirming Statement executed by Eric E. Stickels	02/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Community Financial (CBU) report for Eric Stickels?

Community Financial director Eric Stickels reported selling 2,000 shares of common stock. The sale occurred on February 3, 2026, as disclosed in a Form 4 filing, and reflects a routine insider transaction rather than a change in corporate strategy or operations.

At what price did Eric Stickels sell Community Financial (CBU) shares?

The 2,000 Community Financial shares were sold at a weighted average price of $64.746. Individual trades took place in a price range from $64.60 to $64.805 per share, with detailed trade breakdowns available on request from the company or the reporting person.

How many Community Financial (CBU) shares does Eric Stickels own after the sale?

Following the reported sale, Eric Stickels directly beneficially owned 33,342 Community Financial common shares. In addition, the filing shows indirect beneficial ownership of 14,907.6568 shares held through his wife's Community Financial System, Inc. 401(k) retirement plan account.

What role does Eric Stickels hold at Community Financial (CBU)?

Eric Stickels is a director of Community Financial, Inc., as indicated in the Form 4 filing. Directors are members of the company’s board who oversee management and corporate governance but are not necessarily involved in day-to-day operations or executive responsibilities.

How is the indirect ownership for Eric Stickels in Community Financial (CBU) structured?

The Form 4 reports that 14,907.6568 Community Financial shares are held indirectly for Eric Stickels. These shares are owned through his wife's Community Financial System, Inc. 401(k) plan, which is disclosed as indirect beneficial ownership in the insider filing.

Does the Community Financial (CBU) Form 4 explain the share sale pricing detail?

Yes. The filing states the reported $64.746 price is a weighted average. The 2,000 shares were sold in multiple trades, with individual transaction prices ranging from $64.60 to $64.805 per share, inclusive, across the execution range described in the footnote.