Form 4: Retired Director E. Gene Kosa Reports Stock Dividend and Spousal Holdings in Citizens Financial Services Inc.
SEC Form 4 Filing
E. Gene Kosa, a retired director of Citizens Financial Services Inc., reports the acquisition of shares due to a stock dividend and indirect ownership through a spouse.
Summary
- E. Gene Kosa, a retired director of Citizens Financial Services Inc. (CZFS), filed a Form 4.
- The report indicates a transaction on June 28, 2024, involving common stock.
- Kosa acquired 66.3306 shares due to a 1% stock dividend at a price of $43.95.
- Following the transaction, Kosa directly owns 6,702.3943 shares.
- Kosa also reports indirect ownership of 22 shares held by a spouse.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for insiders to report transactions in their company's stock, ensuring transparency and compliance with SEC regulations.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/22/2002 | Date of Power of Attorney for Gina Marie Boor. |
| 06/28/2024 | Date of stock dividend transaction and reporting date. |
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