Citizens Financial Services, Inc. filings document the public disclosures of a Pennsylvania banking company whose common stock trades on the Nasdaq Capital Market under CZFS. Its Form 8-K reports furnish unaudited results of operations and financial condition, investor presentations, Regulation FD materials, dividend and capital commentary, and other material corporate events tied to First Citizens Community Bank.
The company’s proxy and event filings also cover shareholder meeting matters, executive compensation, equity-based compensation plans, director and officer governance, and capital actions such as share repurchase authorization. These records describe the company’s bank holding-company structure, common stock, consolidated operating disclosures, and formal governance approvals.
RICHARDS DAVID Z JR reported acquisition or exercise transactions in this Form 4 filing.
Citizens Financial Services Inc. Executive Vice President and director David Z. Richards Jr. received a grant of 343 shares of common stock on July 22, 2026, as a stock award under the 2026 Equity Incentive Plan. Following this grant, he directly holds 1,851 common shares.
CITIZENS FINANCIAL SERVICES INC director R. Joseph Landy reported a small gift of shares. On this Form 4, he transferred 20.0000 shares of COMMON CLASS stock as a bona fide gift at a stated price of $0.0000 per share, and directly held 28,041.4652 shares afterward.
CITIZENS FINANCIAL SERVICES INC executive vice president LeeAnn Gephart reported an open-market sale of company stock. She sold 15 shares of COMMON CLASS stock at a price of $71.52 per share. After this transaction, she directly holds 946 shares of the company’s common stock.
BLACK RANDALL E reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC reported that CEO and President Randall E. Black received a grant of 563 shares of COMMON CLASS stock at a price of $0.0000 per share. Following this award, his direct holdings total 46,486.6304 shares. The filing also notes 316 shares of COMMON CLASS stock held indirectly through his spouse.
WILSON JEFFREY L reported acquisition or exercise transactions in this Form 4 filing.
Citizens Financial Services Inc Executive Vice President Jeffrey L. Wilson received a grant of 49 shares of COMMON CLASS stock at no cost. This award increased his direct holdings to 8,337.4524 shares, reflecting routine equity-based compensation for a senior executive rather than an open-market purchase.
Guillaume Stephen J reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC executive Stephen J. Guillaume received a stock award of 311 shares of COMMON CLASS stock. The shares were granted at no cash cost to him, reflecting compensation rather than an open-market purchase. After this award, he directly holds 5,029.3514 shares.
Gephart LeeAnn reported acquisition or exercise transactions in this Form 4 filing.
CITIZENS FINANCIAL SERVICES INC Executive Vice President LeeAnn Gephart reported a routine equity award. She received a grant of 153 shares of common stock at a stated price of $0.0000 per share, increasing her direct holdings to 961 shares of common stock after the transaction.
Citizens Financial Services Inc executive vice president Jeffrey R. White reported a stock award of 336 shares of common stock, classified as a grant, award, or other acquisition at a price of $0.00 per share. Following this grant, his directly held common shares total 2,010. The filing also notes 12 common shares held indirectly under "same household" ownership, reflecting a small additional position reported as indirect ownership.
CITIZENS FINANCIAL SERVICES INC executive LeeAnn Gephart reported a small open-market sale of company stock. She sold 29 shares of COMMON CLASS at $66.52 per share and now directly holds 808 shares. The transaction reflects a routine, modest reduction in her direct ownership.
Citizens Financial Services, Inc. reported several governance and compensation updates. The board appointed John D. Behm, already a director of First Citizens Community Bank, to the company’s board; he will be compensated under existing non-employee director policies and has no related-party transactions requiring disclosure.
The company amended its Supplemental Executive Retirement Plan to grant CFO Stephen J. Guillaume a benefit equal to 10.0% of his highest average annual cash compensation over any three non-consecutive years within the prior ten years of service. The board also finalized 2025 Annual Incentive Plan bonuses: CEO Randall E. Black received $590,601 in cash, with other named executives receiving cash bonuses ranging from $51,571 to $86,884, plus restricted stock awards of approximately $22,100 for Mr. Guillaume and $23,850 for Jeffrey R. White.
After including these awards, total 2025 compensation reported in the Summary Compensation Table is $1,803,244 for Mr. Black, with other named executives between $371,571 and $482,693. The company also disclosed a CEO pay ratio of 36.9, based on median employee annual compensation of $48,896 and CEO/President total compensation of $1,803,244 for 2025.