Form 4: Citizens Financial Services Inc. Director DePaola Acquires Shares
SEC Form 4
Director Rinaldo A. DePaola reports acquisition of Citizens Financial Services Inc. shares on September 17, 2024.
Summary
- On September 17, 2024, Rinaldo A. DePaola, a director of Citizens Financial Services Inc. (CZFS), acquired 94 shares of common stock.
- The acquisition was a direct transaction.
- Following the transaction, DePaola directly owns 15,997.199 shares of CZFS common stock.
- DePaola also indirectly owns 2,164.574 shares through a spouse.
Sentiment
Score: 5
Explanation: This is a neutral report on insider trading activity. It doesn't inherently indicate positive or negative sentiment about the company.
Industry Context
This is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 03/03/2006 | Date of Power of Attorney |
| 09/17/2024 | Date of transaction: Acquisition of shares |
| 09/18/2024 | Signature date of the Form 4 |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.