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

Rhea-AI Filing Summary

Citizens Financial Services (NASDAQ:CZFS) filed a Form 4 that records a routine change in insider ownership tied to the company’s recently declared 1 % stock dividend.

On 06/27/2025 Director Mickey L. Jones received 134 common shares directly and 8 shares indirectly through his spouse, all coded “J” (other) at an imputed price of $60.42 per share. Following the transaction, Jones now beneficially owns 13,682 direct and 880 indirect shares. The newly issued shares are valued at roughly $8.6 thousand, representing about 1 % of his prior direct holdings.

No open-market purchases, sales, derivative positions, or changes to executive roles were disclosed. The filing appears administrative, reflecting the proportional increase from the stock dividend rather than an active trading decision, and carries no evident implications for Citizens Financial’s financial condition or strategy.

Insights

Insider Transactions Analyst

Minor 1 % stock dividend; immaterial change—neutral impact.

The Form 4 shows an automatic dividend issuance, not a discretionary buy or sell. At ≈$8.6 k and <1 % of the director’s stake, the event lacks signaling value regarding management’s outlook or liquidity needs. Because no derivative activity or market transactions occurred, the disclosure does not alter risk, valuation, or governance assessments. Overall impact on shareholders is neutral.

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^*

JONES MICKEY L

(Last) (First) (Middle)

3063 ROUTE 184 HIGHWAY

(Street)

TROUT RUN PA 17771

(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)
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		134	A	$60.42	13,682	D
COMMON CLASS	06/27/2025		J		8	A	$60.42	880	I	BY SPOUSE

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 MICKEY L. JONES UNDER POWER OF ATTORNEY DATED 07/12/2004	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 shares did [[CZFS]] Director Mickey L. Jones receive in the June 2025 transaction?

The Form 4 reports that Jones acquired 134 common shares directly and 8 shares indirectly through his spouse, totaling 142 shares.

What price was used to value the [[CZFS]] 1 % stock dividend?

The shares were valued at the declaration-date market price of $60.42 per share.

What are Mickey L. Jones’ total holdings in [[CZFS]] after the dividend issuance?

Post-transaction, Jones holds 13,682 shares directly and 880 shares indirectly through his spouse.

Does the Form 4 indicate use of a Rule 10b5-1 trading plan for [[CZFS]] shares?

No. The filing lists the transaction code “J” for an other event (stock dividend) and does not reference a Rule 10b5-1 plan.