[Form 4] Citizens Financial Services, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Citizens Financial Services, Inc. (CZFS) – Form 4 filing details a routine, non-open-market transaction by insider John D. Behm on 06/27/2025.

The filing reports a 1 % stock dividend (Transaction Code J) that credited Behm with 129.7495 additional common shares at a reference price of $60.42. Following the dividend distribution, Behm’s direct ownership increased to 13,104.6945 CZFS shares. No derivative securities were involved and no shares were sold.

The transaction was executed under a power of attorney granted on 05/25/2023 and is classified as an “Other” relationship to the issuer. There are no indications of insider selling or material changes in control; the action merely reflects the pro-rata share increase resulting from the declared stock dividend.

Insights

Securities Analyst

TL;DR – Routine 1 % stock dividend adds ~130 shares; no buying or selling signal.

The Form 4 shows John D. Behm receiving 129.7495 new CZFS common shares via a 1 % stock dividend priced at $60.42. His direct stake rises to 13,104.6945 shares. Because the distribution is automatic and proportional, it does not convey bullish or bearish intent, nor does it affect cash flow. No derivative positions or sales were disclosed, and the ownership form remains direct. In my view, this is an immaterial, housekeeping disclosure with negligible impact on valuation or market sentiment.

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).

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^*

Behm John D

(Last) (First) (Middle)

2114 BLUE STEM DRIVE

(Street)

NEW HOPE PA 18938-2311

(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)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Subsidiary Director

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

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	06/27/2025		J		129.7495	A	$60.42	13,104.6945	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:

1% STOCK DIVIDEND BASED ON THE DECLARATION DATE MARKET PRICE OF $60.42.

	GINA MARIE BOOR FOR JOHN D BEHM UNDER POWER OF ATTORNEY DATED 5/25/2023	06/27/2025
	** 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

How many CZFS shares did insider John D. Behm receive?

He was credited with 129.7495 common shares through a 1 % stock dividend.

What is Behm’s total direct ownership after the dividend?

His direct holdings increased to 13,104.6945 CZFS shares.

Was there any insider selling in this Form 4?

No. The transaction was an automatic stock dividend; no shares were sold.

What does Transaction Code J signify in this filing?

Code J indicates an other acquisition; here, it reflects the 1 % stock dividend distribution.

Did the filing disclose any derivative securities activity?

No derivative securities were acquired or disposed of in this report.