Citizens Financial Services awards director 70 shares

A CITIZENS FINANCIAL SERVICES INC director received a stock award grant, modestly increasing his directly held CZFS shares.

Rhea-AI Filing Summary

CITIZENS FINANCIAL SERVICES INC (symbol: CZFS) is the issuer of record for a Form 4 filing submitted to the SEC. KUNES CHRISTOPHER W reported acquisition or exercise transactions in this Form 4 filing.

CITIZENS FINANCIAL SERVICES INC (CZFS) reported that director Christopher W. Kunes received a grant of 70 shares of its COMMON CLASS stock on September 15, 2026, as a stock award under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan. The award was recorded at a price of $0.00 per share and is held directly, bringing his reported direct holdings to 13,248.4757 shares.

Insider Trade Summary

Grant/Award: 70 shares

Grant/Award 1 txn

Insider KUNES CHRISTOPHER W

Role Director

Type	Security	Shares	Price	Value
Grant/Award	COMMON CLASS	70	$0.00	$0.00

Holdings After Transaction: COMMON CLASS — 13,248.4757 shares (Direct)

Key Figures

Shares granted: 70 shares Reported grant price: $0.00 per share Shares owned after transaction: 13,248.4757 shares

3 metrics

Shares granted 70 shares Stock award to director on September 15, 2026

Reported grant price $0.00 per share Stock award under the 2026 Equity Incentive Plan

Shares owned after transaction 13,248.4757 shares Direct holdings of Christopher W. Kunes following the award

Key Terms

Equity Incentive Plan, stock award, Rule 10b5-1

3 terms

Equity Incentive Plan financial

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

An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.

stock award financial

"reported that the director received a grant of 70 shares as a stock award"

Rule 10b5-1 regulatory

"The filing’s Rule 10b5-1 checkbox is not marked as affirmative"

Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CZFS report for Christopher W. Kunes?

CITIZENS FINANCIAL SERVICES INC reported that director Christopher W. Kunes received a grant of 70 shares of COMMON CLASS stock on September 15, 2026, as a stock award under the company’s 2026 Equity Incentive Plan.

How many CZFS shares were granted in this Form 4 filing?

The filing reports a grant of 70 shares of COMMON CLASS stock to director Christopher W. Kunes as a stock award under the Citizens Financial Services, Inc. 2026 Equity Incentive Plan.

What is Christopher W. Kunes’ CZFS share ownership after this award?

After the reported stock award, Christopher W. Kunes’ directly held CITIZENS FINANCIAL SERVICES INC shares total 13,248.4757, according to the Form 4.

Was the CZFS stock award to Christopher W. Kunes a market purchase?

No. The Form 4 characterizes the transaction as a grant or award acquisition of 70 shares, with a reported price of $0.00 per share, under the company’s 2026 Equity Incentive Plan, not as an open-market purchase.

Was this CZFS insider stock grant made under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and no footnote states that the grant was made under a Rule 10b5-1 plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 09/15/2026 - 04:30 PM EDT Accepted by SEC EDGAR 09/15/2026 - 04:30 PM EDT Learn about SEC filing dates

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^*

KUNES CHRISTOPHER W

(Last) (First) (Middle)

3896 PENNS VALLEY ROAD

(Street)

SPRING MILLS PENNSYLVANIA 16875

(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)
09/15/2026

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	09/15/2026		A		70	A	$0	13,248.4757	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 AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN.

	GINA MARIE BOOR FOR CHRISTOPHER W. KUNES UNDER POWER OF ATTORNEY DATED 11/18/2018	09/15/2026
	** 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)