Form 4: Community Bank System Director Eric Stickels Reports Stock Transactions

Director Eric Stickels reports acquisition of common stock and deferred stock units, along with adjustments in holdings through a 401(k) plan.

Summary

• Eric Stickels, a director at Community Bank System, Inc., reported transactions involving the company's common stock and deferred stock units.
• On March 15, 2024, Stickels acquired 431.7767 shares of common stock at $43.65 per share.
• Following the transaction, Stickels directly owns 34,889.9727 shares of common stock.
• Stickels also indirectly owns 14,507.1013 shares through his wife's Community Bank System, Inc. 401(k).
• Additionally, Stickels acquired 431.7767 phantom stock units (deferred stock units) under the company's 2022 Long-Term Incentive Plan.
• After the transaction, Stickels holds 1,867.5819 derivative securities.
• This includes 94.1994 units of phantom stock acquired as dividend equivalents under the Plan.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard reporting of stock transactions by a company director.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.

Stakeholder Impact

• Provides shareholders with insight into the trading activities of company insiders.

Key Dates