Form 4: Director Chappell Acquires CZFS Shares

Citizens Financial Services Director Robert W. Chappell acquired 96 shares of common stock on December 15, 2025, increasing his direct beneficial ownership.

Summary

• Robert W. Chappell, a Director of CITIZENS FINANCIAL SERVICES INC (CZFS), acquired 96 shares of the company's common stock.
• The transaction occurred on December 15, 2025, and was made pursuant to a Rule 10b5-1 plan.
• The shares were acquired at a price of $0 per share, indicating a likely grant or award.
• Following this transaction, Mr. Chappell directly beneficially owns a total of 12,589.1211 shares of common stock.
• The filing was signed by Gina Marie Boor under a Power of Attorney for Robert W. Chappell on December 16, 2025.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director is generally viewed as a positive signal of confidence in the company. While the $0 price suggests a grant rather than an open market purchase, it still increases the director's vested interest.

Positives

• A director acquiring additional shares, even if a grant, can signal continued confidence in the company's future prospects.

Industry Context

Insider transactions, particularly acquisitions by directors, are often monitored by investors as a potential indicator of management's belief in the company's valuation and future performance within the financial services sector.

Related Party Transactions

• The acquisition of common stock by a director of the company is a related party transaction.

Stakeholder Impact

• Shareholders may interpret the director's increased ownership as a positive sign of alignment between management and shareholder interests.

Key Dates

Keywords

Citizens Financial Services, CZFS, Robert W Chappell, Insider Transaction, Form 4, Stock Acquisition, Director Shares, Beneficial Ownership