[Form 4] CITIZENS FINANCIAL SERVICES INC Insider Trading Activity

Rhea-AI Filing Summary

CITIZENS FINANCIAL SERVICES INC (CZFS) Form 4 shows Director Rinaldo A. DePaola received a stock award of 94 shares on 09/15/2025 at a reported price of $0. After the award, the filing reports 16,498.199 shares beneficially owned directly and 2,184.574 shares beneficially owned indirectly by spouse. The Form 4 was filed by one reporting person and signed under power of attorney on 09/16/2025.

Positive

• Director equity alignment: Reporting person received a stock award of 94 shares, aligning management interests with shareholders
• Clear disclosure: Form 4 identifies direct and indirect holdings and includes a power of attorney signature dated 09/16/2025

Negative

• None.

Insights

Financial Analyst

TL;DR Director received a small stock award, modest increase in direct holdings; no earnings or debt implications disclosed.

The 94-share stock award recorded on 09/15/2025 increases the reporting person’s direct stake to 16,498.199 shares. The award is reported at $0, indicating a grant rather than a market purchase. This disclosure is routine insider compensation reporting and, by itself, appears immaterial to company valuation given no accompanying financial metrics.

Corporate Governance Expert

TL;DR Routine director equity grant disclosed; filing complies with Section 16 reporting and includes POA signature.

The Form 4 identifies the reporting person as a director and shows the transaction date and the power of attorney signature dated 09/16/2025. The presence of indirect ownership by a spouse (2,184.574 shares) and the manual signature via POA are standard disclosures for transparency in insider holdings. No departures from normal governance disclosure practices are apparent in the filing.

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).

1. Name and Address of Reporting Person^*

DePaola Rinaldo A

(Last) (First) (Middle)

50 REEL STREET

(Street)

SAYRE PA 18840

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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 CLASS	09/15/2025		A		94	A	$0	16,498.199	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 AWARD

	GINA MARIE BOOR FOR RINALDO A. DEPAOLA UNDER POWER OF ATTORNEY DATED 03/03/2006	09/16/2025
	** 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 transaction did Rinaldo A. DePaola report on Form 4 for CZFS?

The Form 4 reports a stock award of 94 shares received on 09/15/2025, recorded at a price of $0.

How many CZFS shares does Rinaldo A. DePaola beneficially own after the reported transaction?

The filing reports 16,498.199 shares beneficially owned directly after the transaction.

Does the filing show any indirect ownership for the reporting person?

Yes. The Form 4 reports 2,184.574 shares beneficially owned indirectly by spouse.

When was the Form 4 signed and by whom?

The form was signed under power of attorney by Gina Marie Boor for Rinaldo A. DePaola, dated 09/16/2025.

Was this Form 4 filed by multiple reporting persons?

No. The filing indicates it was submitted by one reporting person.