Form 4 Filing for John Parente

John Parente, a director at Community Financial System, Inc., reported a transaction on April 29, 2026. Parente acquired 9 shares of Common Stock through the settlement of phantom stock units. These units, part of the 2022 Long-Term Incentive Plan, represent deferred stock units that are economically equivalent to common stock and are settled on a predetermined date. The settlement resulted in the acquisition of 9 shares of common stock and .4418 shares in cash, with each share valued at $63.17. Following this transaction, Parente directly owns 72,654.3212 shares of common stock. Additionally, Parente has indirect ownership in 30,000 shares held in trusts for the benefit of his children, though he disclaims beneficial ownership of these shares due to lack of investment discretion or pecuniary interest. The filing also notes the acquisition of 9.4418 units of phantom stock on April 10, 2026, under the LTIP's dividend reinvestment feature.