Form 4: Citizens Financial Services Director Christopher Kunes Reports Acquisition of Shares
Insider Transaction Report
Christopher W. Kunes, a Director at Citizens Financial Services Inc., reported the acquisition of 92 shares of common stock, increasing his total beneficial ownership to 12,439.485 shares.
Summary
- Christopher W. Kunes, a Director of Citizens Financial Services Inc. (CZFS), acquired 92 shares of common stock.
- The transaction occurred on June 16, 2025.
- The shares were acquired at a price of $0, indicating a stock award or similar compensation.
- Following this transaction, Mr. Kunes beneficially owns 12,439.485 shares of common stock.
- The transaction was made pursuant to a Rule 10b5-1(c) plan.
- The Form 4 filing was signed on June 17, 2025, by Gina Marie Boor under a Power of Attorney dated November 18, 2018.
Sentiment
Score: 5
Explanation: Neutral. This is a routine regulatory filing (Form 4) disclosing an insider stock acquisition, likely a compensation award. It does not contain information that would significantly alter the company's financial outlook or strategic direction.
Positives
- A Director, Christopher W. Kunes, increased his beneficial ownership in Citizens Financial Services Inc. by acquiring 92 shares.
- The acquisition, likely a stock award, aligns the director's interests with those of the shareholders.
Negatives
- No negative information was disclosed in this Form 4 filing.
Risks
- No specific risks were mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
This Form 4 filing is a routine disclosure of an insider transaction and does not provide information for broader industry trend analysis.
Related Party Transactions
- No complex or unusual related party transactions beyond the reported insider stock acquisition were disclosed.
Stakeholder Impact
- Shareholders: The acquisition of shares by a director may be viewed positively as it aligns management's interests with shareholders, though the impact of 92 shares is minimal.
- Employees, Customers, Suppliers, Creditors: No direct impact on these stakeholders is indicated by this routine insider transaction report.
Key Dates
| Date | Description |
|---|---|
| 2018-11-18 | Date of Power of Attorney granted to Gina Marie Boor by Christopher W. Kunes. |
| 2025-06-16 | Date of transaction where Christopher W. Kunes acquired shares. |
| 2025-06-17 | Date the Form 4 was signed by Gina Marie Boor on behalf of Christopher W. Kunes. |
Keywords
Citizens Financial Services, CZFS, Form 4, Insider Transaction, Stock Acquisition, Beneficial Ownership, Director, Christopher W. Kunes, SEC Filing
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