Welcome to our dedicated page for Community Financial System SEC filings (Ticker: CBU), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Community Financial System, Inc. (NYSE: CBU) SEC filings page on Stock Titan brings together the company’s regulatory disclosures from the U.S. Securities and Exchange Commission, with AI-powered tools to help interpret the information. As a diversified financial services company focused on banking, employee benefit services, insurance services and wealth management services, Community Financial System, Inc. uses SEC filings to report material events, financial results, governance changes and capital actions.
Investors can review current reports on Form 8‑K, where the company discloses items such as quarterly and annual results of operations, acquisitions of bank branches, planned mergers involving subsidiaries, minority investments, stock repurchase authorizations, executive succession arrangements and board appointments. These filings often incorporate or reference press releases and investor presentations that provide additional context on strategy and performance.
On this page, users can also access annual reports on Form 10‑K and quarterly reports on Form 10‑Q when available, which typically contain detailed discussions of Community Financial System, Inc.’s business lines, risk factors and financial statements. For a financial services company with banking, employee benefit, insurance and wealth management operations, these periodic reports are central to understanding revenue sources, segment performance and risk management.
Stock Titan enhances these documents with AI-generated summaries that highlight key points, explain complex sections in plain language and help identify notable changes from prior periods. The platform also surfaces insider transaction filings on Form 4, where applicable, so users can track reported purchases and sales of CBU securities by directors and officers. Real-time updates from EDGAR ensure that new filings, including 10‑K, 10‑Q, 8‑K and Form 4 submissions, appear promptly, allowing investors to follow Community Financial System, Inc.’s regulatory disclosure record in one place.
Community Financial System, Inc. (NYSE: CBU) filed a Form 8-K disclosing a planned leadership transition at its banking subsidiary.
Senior Vice President & Chief Banking Officer Jeffrey M. Levy has notified the Company of his intention to retire effective December 31, 2025. Levy has held the CBO role since January 2024 and previously led commercial banking and regional operations, contributing to commercial-lending growth in New York’s Capital Region.
The Board has chosen Matthew Durkee, currently President, Commercial Banking, to succeed Levy on January 1, 2026. Durkee joined the Bank in January 2022 and was promoted to his present post in January 2024. The filing contains no details on compensation adjustments, strategic shifts, or financial effects, and no other material events were reported.
Community Financial System, Inc. (NYSE: CBU) filed a Form 8-K on 22 July 2025. The filing is limited to Item 2.02, indicating that the company has furnished—not filed—its second-quarter (ended 30 June 2025) earnings results via a press release attached as Exhibit 99.1. No quantitative financial data, guidance, or narrative discussion is contained within the 8-K itself. The company also lists customary Item 9.01 disclosures for the exhibit and embeds the Inline XBRL cover-page data. The document therefore serves only as a procedural notice to investors that the official Q2 results should be reviewed in the separate press release rather than in this filing.
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.
Community Financial System (NYSE:CBU) announced its subsidiary Community Bank will acquire seven Santander Bank branches in the Allentown, Pennsylvania area. The transaction includes approximately $600 million in deposits and $33 million in branch-related loans. Community Bank will pay an 8.0% deposit premium, equating to roughly $48 million in cash consideration.
The deal also includes Nottingham Investment Services acquiring related wealth management relationships from Santander Securities LLC. The acquisition, subject to regulatory approvals and customary conditions, is expected to close in Q4 2025. The agreement includes standard employee retention provisions and non-compete covenants.
Director Neil E. Fesette of Community Financial System reported acquiring 211.9816 units of phantom stock through the company's Deferred Compensation Plan on June 20, 2025. The phantom stock units were acquired at a price of $54.25 per unit.
Key details of the transaction:
- Each phantom stock unit is economically equivalent to one share of common stock
- Total beneficial ownership following the transaction: 7,189.4647 units
- Includes 74.1117 units previously acquired through dividend reinvestment on April 10, 2025
- Settlement will occur in common stock at future dates chosen by the reporting person
- The filing was signed by Danielle M. Cima on behalf of Neil E. Fesette
This transaction represents deferred compensation for the director, structured to align with shareholder interests through phantom stock units that track the company's common stock performance.
Community Financial System, Inc. (NYSE: CBU) filed a Form 4 disclosing that director Michele Sullivan acquired 476.977 units of phantom stock on 20 Jun 2025 through the company’s Deferred Compensation Plan. Each phantom unit is economically equivalent to one share of common stock and will be settled in CBU shares at future dates chosen by the director. The transaction was coded “A” (acquisition) and priced at $54.25 per phantom unit. Following the grant, Sullivan’s aggregate holding under the plan increased to 2,204.3146 phantom units, which already includes 12.2453 units received on 10 Apr 2025 via the plan’s dividend-reinvestment feature. No derivative dispositions or open-market sales were reported, and the filing indicates the director continues to hold the units directly. The Form 4 does not reference any 10b5-1 trading plan or other contractual arrangements beyond normal deferred-compensation participation.
Director Savneet Singh of Community Financial System reported acquiring 354.8387 units of deferred stock through the company's Deferred Compensation Plan on June 20, 2025. The transaction was priced at $54.25 per unit.
Following this transaction, Singh now beneficially owns 663.2087 units of deferred stock directly. Each unit of phantom stock is economically equivalent to one share of common stock and will be settled in common stock at future dates chosen by the reporting person.
Key Transaction Details:
- Transaction Type: Acquisition of derivative securities
- Security Type: Deferred Stock (Phantom Stock Units)
- Direct Ownership: Form indicates Direct (D) ownership
- Filing was signed by Danielle M. Cima on behalf of Savneet Singh on June 24, 2025
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