[Form 4] CITIZENS FINANCIAL SERVICES INC Insider Trading Activity

Rhea-AI Filing Summary

Christopher W. Kunes, a director of Citizens Financial Services Inc. (CZFS), reported a non‑derivative acquisition on 09/15/2025. He was granted 94 common shares as a stock award at a reported price of $0. Following the award, Kunes beneficially owned 12,701.1463 shares. The Form 4 was signed under power of attorney by Gina Marie Boor on 09/16/2025.

Positive

• Director received a stock award of 94 common shares, aligning management incentives with shareholder interests
• Post‑transaction holdings disclosed: 12,701.1463 shares, providing transparency on insider ownership

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received a small stock award, a routine insider grant with limited market impact.

The 94‑share award is a customary equity compensation event for a director and represents a de minimis change relative to total holdings (12,701.1463 shares after the grant). There is no cash consideration reported and no derivative transactions disclosed. This transaction is informational for ownership tracking but is unlikely to affect valuation or market expectations.

Corporate Governance Expert

TL;DR: Routine equity grant to a director, recorded and reported via Form 4 consistent with SEC Section 16 requirements.

The filing documents a stock award delivered to a Section 16 reporting person and was submitted under power of attorney, which is common practice. The disclosure meets basic governance transparency standards by reporting the grant date, quantity, post‑transaction holdings, and the signer. No concerns arise from the filing itself.

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^*

KUNES CHRISTOPHER W

(Last) (First) (Middle)

3896 PENNS VALLEY ROAD

(Street)

SPRING MILLS PA 16875

(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	12,701.1463	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:

Remarks:

STOCK AWARD

	GINA MARIE BOOR FOR CHRISTOPHER W. KUNES UNDER POWER OF ATTORNEY DATED 11/18/2018	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 Christopher W. Kunes report on Form 4 for CZFS?

The Form 4 reports a non‑derivative acquisition of 94 common shares as a stock award on 09/15/2025.

How many shares did Kunes beneficially own after the reported transaction?

After the award, Kunes beneficially owned 12,701.1463 shares of Citizens Financial Services Inc. (CZFS).

Was there any cash price reported for the 94 shares?

The transaction lists a price of $0, indicating the shares were granted as a stock award rather than purchased.

Who signed the Form 4 and when was it filed?

The Form 4 was signed under power of attorney by Gina Marie Boor with a signature date of 09/16/2025.

Does the Form 4 show any derivative transactions for CZFS by Kunes?

No. The filing contains only a non‑derivative common stock award and no derivative securities were reported.