Form 4: Citizens Financial Services Inc. Director Rinaldo A. DePaola Reports Stock Acquisition
SEC Form 4 Filing
Director Rinaldo A. DePaola of Citizens Financial Services Inc. reports acquiring shares and adjusting beneficial ownership.
Summary
- On March 20, 2024, Rinaldo A. DePaola, a director of Citizens Financial Services Inc., reported a transaction involving the company's common stock.
- DePaola acquired 98 shares of common stock at an unspecified price.
- Following the transaction, DePaola directly owns 15,642.199 shares of common stock.
- DePaola also indirectly owns 2,144.574 shares through a spouse.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard disclosure of stock transactions.
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 may have a minor impact on shareholders due to the change in ownership.
Key Dates
| Date | Description |
|---|---|
| 03/03/2006 | Date of Power of Attorney for Gina Marie Boor |
| 03/20/2024 | Date of stock transaction |
| 03/22/2024 | Signature date of the reporting person |
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