Citizens Financial (CZFS) director awarded 99 shares in new Form 4 filing

Rhea-AI Filing Summary

CITIZENS FINANCIAL SERVICES INC director Rinaldo A. DePaola reported an equity award in company stock. On April 30, 2026, DePaola received 99 shares of COMMON CLASS at a stated price of $0.0000 per share, described as a grant, award, or other acquisition rather than an open-market purchase.

After this award, DePaola directly holds 16,693.1990 shares of CITIZENS FINANCIAL SERVICES INC common stock and has an additional 2,184.5740 shares reported as indirectly owned by spouse. The filing reflects routine compensation-related stock ownership reporting, not a market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider DePaola Rinaldo A

Role null

Type	Security	Shares	Price	Value
Grant/Award	COMMON CLASS	99	$0.00	--
holding	COMMON CLASS	--	--	--

Holdings After Transaction: COMMON CLASS — 16,693.199 shares (Direct, null); COMMON CLASS — 2,184.574 shares (Indirect, BY SPOUSE)

Footnotes (1)

Key Figures

Equity award: 99 shares Award price: $0.0000 per share Direct holdings after grant: 16,693.1990 shares +1 more

4 metrics

Equity award 99 shares Grant, award, or other acquisition of COMMON CLASS stock

Award price $0.0000 per share Stated transaction price for 99-share grant

Direct holdings after grant 16,693.1990 shares COMMON CLASS shares directly owned post-transaction

Indirect holdings via spouse 2,184.5740 shares COMMON CLASS shares reported as owned by spouse

Key Terms

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

3 terms

Grant, award, or other acquisition financial

"transaction is coded as a grant, award, or other acquisition"

indirect ownership financial

"2,184.5740 shares reported as indirectly owned by spouse"

Form 4 regulatory

"The Form 4 shows 2,184.5740 shares of COMMON CLASS stock"

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.

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)
04/30/2026

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	04/30/2026		A		99	A	$0	16,693.199	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	04/30/2026
	** 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 on this Form 4?

Director Rinaldo A. DePaola reported receiving 99 shares of CITIZENS FINANCIAL SERVICES INC COMMON CLASS stock. The transaction is coded as a grant, award, or other acquisition at a stated price of $0.0000 per share, indicating a compensation-related award rather than an open-market purchase.

How many CZFS shares does Rinaldo DePaola own directly after this Form 4 filing?

Following the reported grant, Rinaldo A. DePaola directly owns 16,693.1990 shares of CITIZENS FINANCIAL SERVICES INC COMMON CLASS stock. This figure represents his post-transaction direct holdings as disclosed in the Form 4, excluding any indirectly owned shares reported for his spouse.

What does the 99-share CZFS transaction at $0.0000 per share represent?

The 99-share transaction at $0.0000 per share is identified as a grant, award, or other acquisition of COMMON CLASS stock. This suggests the shares were received as part of compensation or a similar program, not purchased in the market, and therefore carry no stated purchase price.

How many CZFS shares are indirectly owned by Rinaldo DePaola through his spouse?

The Form 4 shows 2,184.5740 shares of CITIZENS FINANCIAL SERVICES INC COMMON CLASS stock as indirectly owned "BY SPOUSE." This indicates these shares are attributed to DePaola through spousal ownership, separate from his directly held 16,693.1990 shares.

Does this CZFS Form 4 indicate any insider selling activity by Rinaldo DePaola?

The Form 4 does not report any insider sales by Rinaldo A. DePaola. It records a 99-share grant, award, or other acquisition of COMMON CLASS stock and an indirect holding entry by spouse, with no transactions marked as sales or dispositions in the filing data.