[Form 4] CITIZENS FINANCIAL SERVICES INC Insider Trading Activity

Rhea-AI Filing Summary

Robert W. Chappell, a director of Citizens Financial Services Inc (CZFS), received a stock award of 94 shares on 09/15/2025 at no cash price, increasing his beneficial holdings to 12,404.877 shares (direct ownership). The Form 4 was reported by Gina Marie Boor under a power of attorney on 09/16/2025. The filing records a routine equity award to an insider and shows no cash purchase price for the shares.

Positive

• Stock award granted: Director received 94 shares as a stock award on 09/15/2025
• Increased direct holdings: Beneficial ownership rose to 12,404.877 shares
• Timely reporting: Form 4 signed and filed under a power of attorney on 09/16/2025

Negative

• None.

Insights

Financial Analyst

TL;DR: A routine director stock award of 94 shares was reported; impact on ownership and valuation is minimal.

The transaction is a non-cash stock award coded as an acquisition, increasing the reporting director's direct beneficial ownership to 12,404.877 shares. The award price is listed as $0, indicating a grant rather than a market purchase. For a publicly traded company, a 94-share grant is immaterial to total outstanding shares and unlikely to affect EPS or control. This disclosure meets Section 16 reporting requirements and was timely signed under a power of attorney.

Corporate Governance Expert

TL;DR: Disclosure reflects standard director compensation through equity; no governance red flags in the filing.

The Form 4 shows a standard stock award to a director with direct ownership classification and clear reporting of the transaction date and subsequent holdings. The filing was executed via a power of attorney, which is common for administrative filings. There is no indication of related-party sale, option exercise, or unusual vesting terms in the provided content. Based on the information given, this is a routine compliance disclosure.

09/16/2025 - 08:52 AM

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
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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^*

Chappell Robert W

(Last) (First) (Middle)

ENTERPRISE ROAD

POST OFFICE BOX 156

(Street)

ROME PA 18837

(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	12,404.877	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 ROBERT W. CHAPPELL UNDER POWER OF ATTORNEY DATED 03/30/2006	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 did Robert W. Chappell report on Form 4 for CZFS?

He reported a non-cash stock award of 94 shares on 09/15/2025, bringing his direct beneficial ownership to 12,404.877 shares.

Was there a purchase price for the shares reported in the Form 4?

No. The transaction lists a price of $0, indicating the shares were granted rather than purchased.

What is the reporting relationship of Robert W. Chappell to CZFS?

The Form 4 indicates he is a Director of Citizens Financial Services Inc (CZFS).

Who signed and filed the Form 4 on behalf of Robert W. Chappell?

The form was signed and filed by Gina Marie Boor under a power of attorney dated 03/30/2006 on 09/16/2025.

Does this Form 4 show any derivative transactions or option exercises?

No. Table II (derivative securities) contains no reported transactions in the provided content.