STOCK TITAN

Citizens Financial (NASDAQ: CZFS) director granted 88 additional shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Freeman Thomas E. reported acquisition or exercise transactions in this Form 4 filing.

CITIZENS FINANCIAL SERVICES INC director Thomas E. Freeman received a stock award of 88 shares of COMMON CLASS on June 15, 2026. The shares were granted at no cash cost to him as part of compensation and are held directly.

After this grant, Freeman directly owns a total of 13,259.4302 COMMON CLASS shares, so the award modestly increases his existing stake in the company rather than representing a market purchase or sale.

Positive

  • None.

Negative

  • None.
Insider Freeman Thomas E.
Role null
Type Security Shares Price Value
Grant/Award COMMON CLASS 88 $0.00 --
Holdings After Transaction: COMMON CLASS — 13,259.43 shares (Direct, null)
Footnotes (1)
Shares granted 88 shares COMMON CLASS stock grant on June 15, 2026
Price per share $0.0000 per share Grant, award, or other acquisition
Total shares after transaction 13,259.4302 shares Direct ownership following grant
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition""
non-derivative financial
"transaction_type: "non-derivative""
COMMON CLASS financial
"security_title: "COMMON CLASS""
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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Freeman Thomas E.

(Last)(First)(Middle)
831 KELLYTOWN ROAD

(Street)
MANSFIELD PENNSYLVANIA 16933

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
CITIZENS FINANCIAL SERVICES INC [ CZFS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
COMMON CLASS06/15/2026A88A$013,259.4302D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
Remarks:
STOCK AWARDS GRANTED PURSUANT TO THE CITIZENS FINANCIAL SERVICES, INC. 2026 EQUITY INCENTIVE PLAN.
GINA MARIE BOOR FOR THOMAS E. FREEMAN UNDER POWER OF ATTORNEY DATED 12/23/200906/16/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did CITIZENS FINANCIAL SERVICES INC director Thomas E. Freeman report on this Form 4 for CZFS?

Thomas E. Freeman reported receiving a grant of 88 shares of COMMON CLASS stock. The award was recorded as a non-derivative acquisition at no cash cost, modestly increasing his direct ownership stake in CITIZENS FINANCIAL SERVICES INC.

How many CZFS shares did Thomas E. Freeman acquire in the latest transaction?

He acquired 88 shares of COMMON CLASS stock. This was recorded under transaction code A, meaning a grant, award, or other acquisition, rather than an open-market purchase, and reflects routine equity-based compensation from the company.

What is Thomas E. Freeman’s total CZFS shareholding after this Form 4 transaction?

Following the 88-share grant, Thomas E. Freeman directly holds 13,259.4302 shares of COMMON CLASS. This figure reflects his updated ownership position after the reported award and provides context for the relative size of the new grant.

Was the CZFS transaction by Thomas E. Freeman a market purchase or a compensation grant?

The transaction was a compensation grant, not a market purchase. It is coded A, described as a “Grant, award, or other acquisition,” and lists a price of 0.0000 per share, indicating no cash was paid for the shares.

Does this CZFS Form 4 show any stock sales by Thomas E. Freeman?

The filing does not show any stock sales. It reports only one non-derivative transaction: an 88-share grant coded as an acquisition, with no corresponding dispositions or derivative exercises listed in the transaction summary.