Citizens Financial Services (CZFS) director granted 88-share stock award

Rhea-AI Filing Summary

DePaola Rinaldo A reported acquisition or exercise transactions in this Form 4 filing.

Citizens Financial Services Inc. director Rinaldo A. DePaola reported a stock grant from the company. He received 88 shares of COMMON CLASS stock as a grant or award at a reported price of $0.00 per share. After this award, he directly owns 16,781.199 shares and indirectly holds 2,184.574 shares through his spouse. This is a compensation-related equity award reported on a Form 4, rather than an open-market purchase or sale.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider DePaola Rinaldo A

Role null

Type	Security	Shares	Price	Value
Grant/Award	COMMON CLASS	88	$0.00	--
holding	COMMON CLASS	--	--	--

Holdings After Transaction: COMMON CLASS — 16,781.199 shares (Direct, null); COMMON CLASS — 2,184.574 shares (Indirect, BY SPOUSE)

Footnotes (1)

Key Figures

Stock grant: 88 shares Grant price: $0.00 per share Direct holdings after grant: 16,781.199 shares +2 more

5 metrics

Stock grant 88 shares COMMON CLASS grant to director

Grant price $0.00 per share Reported grant or award acquisition

Direct holdings after grant 16,781.199 shares Direct ownership following transaction

Indirect holdings via spouse 2,184.574 shares Indirect ownership by spouse

Acquire-type transactions 1 entry Grant, award, or other acquisition

Key Terms

Grant, award, or other acquisition, indirect ownership, Form 4

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

indirect ownership financial

"ownership_type: indirect; nature_of_ownership: BY SPOUSE"

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.

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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^*

DePaola Rinaldo A

(Last) (First) (Middle)

50 REEL STREET

(Street)

SAYRE PENNSYLVANIA 18840

(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)
06/15/2026

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	06/15/2026		A		88	A	$0	16,781.199	D
COMMON CLASS								2,184.574	I	BY SPOUSE

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:

Remarks:

STOCK AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN.

	GINA MARIE BOOR FOR RINALDO A. DEPAOLA UNDER POWER OF ATTORNEY DATED 03/03/2006	06/16/2026
	** 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 Rinaldo DePaola report?

Director Rinaldo A. DePaola reported a stock grant from Citizens Financial Services Inc. He received 88 shares of COMMON CLASS stock as a grant or award, reflecting equity-based compensation rather than an open-market trade.

How many CZFS shares were granted to director Rinaldo DePaola?

Rinaldo A. DePaola was granted 88 shares of Citizens Financial Services Inc. COMMON CLASS stock. This award increased his direct holdings to 16,781.199 shares, as disclosed in the Form 4 insider transaction report.

At what price were the granted CZFS shares reported?

The 88 granted shares of Citizens Financial Services Inc. COMMON CLASS stock were reported at a price of $0.00 per share. This indicates they were received as a compensation award, not purchased in the open market.

What are Rinaldo DePaola’s total direct CZFS holdings after the grant?

After the 88-share grant, Rinaldo A. DePaola directly holds 16,781.199 shares of Citizens Financial Services Inc. COMMON CLASS stock. This figure reflects his position following the reported Form 4 transaction.

Does Rinaldo DePaola report any indirect ownership of CZFS shares?

Yes. In addition to his direct holdings, Rinaldo A. DePaola reports indirect ownership of 2,184.574 shares of Citizens Financial Services Inc. COMMON CLASS stock held by his spouse, as shown in the Form 4 filing.

Was the CZFS director transaction a market buy or sell?

The transaction reported by Rinaldo A. DePaola was a stock grant, coded as a grant, award, or other acquisition. It was not an open-market purchase or sale, but part of his equity-based compensation from Citizens Financial Services Inc.