Citizens Financial (NASDAQ: CZFS) director reports small 20-share stock gift

Rhea-AI Filing Summary

CITIZENS FINANCIAL SERVICES INC director R. Joseph Landy reported a small gift of shares. He transferred 20 shares of COMMON CLASS stock as a bona fide gift, receiving no cash. After the gift, he directly holds about 27,973.4652 shares, so this is a minor, routine change in his ownership.

Insider Trade Summary

20 shares gifted

Mixed 1 txn

Insider LANDY R JOSEPH

Role null

Type	Security	Shares	Price	Value
Gift	COMMON CLASS	20	$0.00	--

Holdings After Transaction: COMMON CLASS — 27,973.465 shares (Direct, null)

Footnotes (1)

Key Figures

Shares gifted: 20 shares Price per share: $0.0000 Shares held after: 27,973.4652 shares +1 more

4 metrics

Shares gifted 20 shares Bona fide gift of COMMON CLASS on 2026-06-10

Price per share $0.0000 Reported transaction price for gifted shares

Shares held after 27,973.4652 shares Direct ownership following the gift transaction

Total gift transactions 1 gift, 20 shares Aggregate gift activity in this Form 4

Key Terms

Bona fide gift, Form 4, COMMON CLASS, transaction code G

4 terms

Bona fide gift financial

"transaction_code_description: "Bona fide gift""

A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

COMMON CLASS financial

"security_title: "COMMON CLASS""

transaction code G financial

"transaction_code: "G""

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Form 4 Insider Transactions: What Each Field Means →

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
Estimated average burden
hours per response:			0.5

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^*

LANDY R JOSEPH

(Last) (First) (Middle)

300 NORTH 28TH STREET

(Street)

CAMP HILL PENNSYLVANIA 17011

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CITIZENS FINANCIAL SERVICES INC [ CZFS ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/10/2026

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

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

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

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 CLASS	06/10/2026		G		20	D	$0	27,973.4652	D

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:

	GINA MARIE BOOR FOR R. JOSEPH LANDY UNDER POWER OF ATTORNEY DATED 08/22/2022	06/10/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did CZFS director R. Joseph Landy report?

Director R. Joseph Landy reported a bona fide gift of 20 COMMON CLASS shares. The transaction carried a reported price of $0 per share, reflecting a non-cash transfer rather than a market sale or purchase.

Did CITIZENS FINANCIAL SERVICES INC (CZFS) shares get sold in this Form 4?

No, the Form 4 shows a bona fide gift, not a sale. Landy transferred 20 shares at a stated price of $0, meaning there was no open-market selling activity in this reported transaction.

How many CZFS shares does R. Joseph Landy hold after this gift?

Following the gift, Landy directly holds about 27,973.4652 COMMON CLASS shares. This indicates the 20-share gift is very small relative to his total reported direct ownership position after the transaction.

What does transaction code G mean in the CZFS Form 4 filing?

Transaction code G designates a bona fide gift. In this case, it indicates Landy disposed of 20 COMMON CLASS shares as a gift, with no purchase or sale occurring in the open market for this transaction.

Is the CZFS Form 4 filing a strong bullish or bearish signal?

The filing reflects a small bona fide gift of 20 shares, not a market trade. Because the amount is minor and non-cash, it is generally viewed as a routine administrative change rather than a strong bullish or bearish signal.