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.
Community Financial System, Inc. filings document a diversified financial services company with banking, employee benefit services, insurance services and wealth management services operations. Its Form 8-K reports furnish operating results, Regulation FD investor presentations, director appointments, bank leadership changes and capital actions, including stock repurchase authorization disclosures.
Proxy materials cover annual meeting procedures, shareholder voting matters, board governance, executive compensation and performance discussion across the company's four business lines. The filing record also identifies Community Bank, N.A. and other operating units as recurring subjects in disclosures about business strategy, governance and capital structure for CBU common stock.
Community Financial System, Inc.'s President & CEO Dimitar Karaivanov reported a tax-related share disposition. On the vesting of a restricted stock award, 2,501 shares of common stock were withheld at a price of $60.55 per share to cover associated tax liabilities, rather than being sold in the open market.
After this transaction, he directly held 21,258 common shares and indirectly held 3,271.3426 shares through the company’s 401(k) plan based on a current plan statement.
Community Financial System, Inc. files its annual report outlining a diversified banking and financial services franchise centered on Community Bank, N.A. and BPAS. The bank operates 192 full-service branches and 8 drive-thru locations across five Northeastern states, serving retail, commercial, institutional and government customers.
In 2025 it expanded in the Lehigh Valley, acquiring seven Santander Bank branches with $31.9 million of loans and $543.7 million of deposits for $80.9 million in cash consideration, recording core deposit intangibles of $11.9 million and goodwill of $32.0 million. The company also bought assets from several insurance, employee benefit and wealth firms for $11.2 million, adding $8.4 million of customer list intangibles and $2.9 million of goodwill.
The report details four operating segments, a 3,001-person workforce, extensive federal and state regulation, and a wide range of risk factors, including interest rate, liquidity, credit, regulatory, cybersecurity, stablecoin-related funding risks, and evolving requirements around capital, consumer protection, anti-money laundering and data privacy.
COMMUNITY FINANCIAL SYSTEM, INC. executive Matthew K. Durkee filed an initial ownership report as SVP, Chief Banking Officer and President, Commercial Banking. The Form 3 lists his existing holdings in company stock and stock options rather than new purchases or sales.
The filing shows direct holdings of stock options with post-report balances of 2,496, 5,451, and 4,474 options, and 3,257 shares of common stock. It also reports 9,620.2561 shares of common stock held indirectly through Community Financial System, Inc.'s 401(k) Plan, based on a current plan statement.
Community Financial System, Inc. appointed Brenda M. Hall as a new independent director to its Board, effective March 1, 2026. She also joins the Board of Community Bank, N.A. and will serve on the Risk Committee for both the Company and the Bank.
Hall is the former Executive Vice President and Chief Operating Officer of Standard Lines at Selective Insurance Group, Inc., where she led the company’s largest business segment and held multiple senior roles over a 24-year career. With her appointment, the Board now has 14 directors, 13 of whom are independent.
Community Financial System, Inc. filed a current report stating that it has posted a new investor presentation on its website for use in upcoming meetings with investors and analysts. The presentation is available on the Events & Presentations page of the company’s investor relations site.
Community Financial, Inc. director John F. Whipple, Jr. reported an option exercise and share sale on February 4, 2026. He exercised 4,246 stock options at an exercise price of $38.02 per share, receiving the same number of common shares.
On the same day, he sold 4,246 common shares at a weighted average price of $65.1681 per share, with individual sale prices ranging from $65.00 to $65.355. After these transactions, he directly owned 8,506.0302 common shares of Community Financial, Inc.
Community Financial, Inc. director Sally A. Steele reported an option exercise and share sale in the company’s common stock. On February 3, 2026, she exercised stock options for 4,000 shares at $23.04 per share, increasing her directly held common stock to 43,964 shares before the sale.
That same day, she sold 4,000 common shares at a weighted average price of $64.1201, leaving 39,964 shares held directly. She also reports 4,585 common shares held indirectly, jointly with her brother, and 1,265.3149 phantom stock units that are economically equivalent to common shares and will be settled in stock at a predetermined date.
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.
Community Financial System, Inc. filed a notice that a holder plans to sell 4,246 shares of its common stock through broker APEX Clearing on the NYSE. The planned sale has an aggregate market value of 278,537.6. The filing notes 52,680,000 shares of common stock outstanding and lists an approximate sale date of 02/04/2026.
Community Financial, Inc. executive vice president and general counsel Michael N. Abdo reported routine equity transactions. On January 30, 2026, he exercised a stock option for 2,287 shares of common stock at $38.02 per share and acquired those shares.
On the same date, 1,763 shares of common stock were withheld at $62.44 per share in a transaction coded “F,” typically used for tax withholding, leaving him with 7,254 directly held shares. He also indirectly holds 2,710.425 shares through Community Financial System, Inc.’s 401(k) plan, based on a current plan statement.