Citizens Financial (CZFS) director granted 88 common shares in award

Rhea-AI Filing Summary

OSBORNE TERRY B reported acquisition or exercise transactions in this Form 4 filing.

Citizens Financial Services Inc. director Terry B. Osborne received a grant of 88 shares of common stock on June 15, 2026. The shares were awarded at a price of $0.00 per share, indicating a compensation-related award rather than an open-market purchase. Following this grant, Osborne directly holds 13,360 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider OSBORNE TERRY B

Role null

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

Holdings After Transaction: COMMON CLASS — 13,360 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 88 shares Grant price: $0.00 per share Shares held after grant: 13,360 shares

3 metrics

Shares granted 88 shares Common stock grant on June 15, 2026

Grant price $0.00 per share Price for 88-share award

Shares held after grant 13,360 shares Direct holdings after Form 4 transaction

Key Terms

Grant, award, or other acquisition, non-derivative, direct ownership

3 terms

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

non-derivative financial

"transaction_type: non-derivative"

direct ownership financial

"ownership_type: direct; ownership_code: D"

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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^*

OSBORNE TERRY B

(Last) (First) (Middle)

110 MCINTYRE STREET

(Street)

BLOSSBURG PENNSYLVANIA 16912

(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	13,360	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 TERRY B. OSBORNE UNDER POWER OF ATTORNEY DATED 08/29/2002	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 Terry B. Osborne report?

Director Terry B. Osborne reported receiving a grant of 88 shares of Citizens Financial Services Inc. common stock. The award was recorded as a non-derivative acquisition, increasing his directly held position to 13,360 shares after the transaction.

Was the CZFS insider transaction a market purchase or a share grant?

The CZFS insider transaction was a share grant, not a market purchase. The Form 4 shows an acquisition coded as a grant or award with a price of $0.00 per share, indicating compensation-related issuance rather than open-market buying.

How many CZFS shares does Terry B. Osborne hold after this Form 4?

After this Form 4 transaction, Terry B. Osborne directly holds 13,360 shares of Citizens Financial Services Inc. common stock. This figure includes the newly granted 88 shares reported as a non-derivative award on June 15, 2026.

What does transaction code "A" mean in the CZFS Form 4 filing?

Transaction code “A” in the CZFS Form 4 indicates a grant, award, or other acquisition of shares. In this case, it reflects 88 common shares awarded to director Terry B. Osborne at $0.00 per share rather than an open-market trade.

Does the CZFS Form 4 show any insider share sales?

The Form 4 for Citizens Financial Services Inc. shows no insider share sales. It reports only one acquisition transaction, where director Terry B. Osborne received 88 common shares as a grant, increasing his directly held position to 13,360 shares.