CBU Insider Trading
COMMUNITY FINANCIAL SYSTEM, INC. | National Commercial Banks
Comprehensive Trading Performance Summary
The investment history of corporate insiders at COMMUNITY FINANCIAL SYSTEM, INC. provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the National Commercial Banks sector.
Transactions on Chart
Open Full Chart| Filing Date | Trade Date | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|
| 2006-06-05 21:21 | 2006-05-30 | PATTERSON DAVID CHARLES | Director | BUY | $19.25 | 2,000 | $38,500 | 5,411 | +58.6% |
| 2006-05-22 17:52 | 2006-05-18 | PARENTE CHARLES E | Director | BUY | $19.25 | 30,000 | $577,500 | 212,858 | +16.4% |
| 2006-05-16 18:42 | 2006-05-15 | STEELE SALLY A | Director | BUY | $19.86 | 300 | $5,959 | 38,122 | +0.8% |
| 2006-05-16 18:39 | 2006-05-15 | DICERBO NICHOLAS A | Director | BUY | $19.78 | 300 | $5,934 | 91,188 | +0.3% |
| 2006-05-15 22:59 | 2006-04-28 | PARENTE CHARLES E | Director | BUY | $20.22 | 4,000 | $80,880 | 4,000 | +100.0% |
| 2006-05-11 23:02 | 2006-05-09 | DICERBO NICHOLAS A | Director | BUY | $20.69 | 326 | $6,745 | 90,888 | +0.4% |
| 2006-05-09 22:10 | 2006-05-05 | BAKER TIMOTHY JAMES | Officer - Director of Special Projects | OPT+S | $20.60 | 4,345 | $89,507 | 11,083 | 0.0% |
| 2006-05-09 23:14 | 2006-05-09 | CANTWELL PAUL M JR | Director | BUY | $20.69 | 300 | $6,207 | 101,720 | +0.3% |
| 2006-05-05 00:40 | 2006-04-28 | PARENTE CHARLES E | Director | BUY | $20.24 | 11,000 | $222,659 | 16,000 | +220.0% |
| 2006-05-04 00:32 | 2006-05-02 | ACE BRIAN R | Director | BUY | $20.11 | 300 | $6,033 | 14,583 | +2.1% |
| 2006-03-08 18:58 | 2005-05-02 | DICERBO NICHOLAS A | Director | BUY | $22.38 | 45 | $1,000 | 1,749 | +2.6% |
| 2006-03-08 03:33 | 2006-03-07 | Kingsley Scott Allen | Officer - Chief Financial Officer | BUY | $21.64 | 1,000 | $21,640 | 2,000 | +100.0% |
| 2006-03-07 21:32 | 2006-03-06 | DICERBO NICHOLAS A | Director | BUY | $21.40 | 100 | $2,140 | 89,881 | +0.1% |
| 2006-03-04 01:06 | 2006-03-03 | TRYNISKI MARK E | Officer - Chief Operating Officer | BUY | $21.86 | 10,000 | $218,560 | 11,600 | +625.0% |
| 2006-03-02 00:17 | 2006-03-01 | DICERBO NICHOLAS A | Director | BUY | $21.69 | 500 | $10,845 | 89,781 | +0.6% |
| 2006-02-27 18:42 | 2006-02-22 | STEELE SALLY A | Director | BUY | $22.11 | 100 | $2,211 | 37,822 | +0.3% |
| 2006-02-24 23:10 | 2006-02-22 | DEMPSEY WILLIAM M | Director | SELL | $22.10 | 336 | $7,426 | 3,325 | -9.2% |
| 2006-02-21 19:47 | 2006-02-17 | DICERBO NICHOLAS A | Director | BUY | $22.08 | 100 | $2,208 | 89,281 | +0.1% |
| 2006-02-17 18:38 | 2006-02-16 | BELDEN SANFORD A | Director, Officer - President & Chief Executive Of | SELL | $22.25 | 27,228 | $605,818 | 25,000 | -52.1% |
| 2006-02-09 20:26 | 2006-01-26 | HIRSCHEY LEE T | Director | SELL | $22.80 | 700 | $15,960 | 0 | -100.0% |
| 2006-02-08 01:39 | 2006-02-03 | GABRIEL JAMES A | Director | OPT+S | $22.13 | 8,642 | $191,264 | 69,076 | 0.0% |
| 2006-01-31 22:44 | 2006-01-27 | BELDEN SANFORD A | Director, Officer - President & Chief Executive Of | OPT+S | $22.92 | 65,246 | $1,495,203 | 52,228 | 0.0% |
| 2005-12-22 21:17 | 2005-12-21 | BURGESS JOHN M | Director | OPT+S | $23.00 | 12,642 | $290,766 | 20,440 | 0.0% |
| 2005-12-22 23:44 | 2005-12-22 | BELDEN SANFORD A | Director, Officer - President & Chief Executive Of | SELL | $22.91 | 10,000 | $229,064 | 52,228 | -16.1% |
| 2005-12-15 19:35 | 2005-12-14 | PATTON MICHAEL A | Officer - President/Financial Services | OPT+S | $23.96 | 33,700 | $807,560 | 77,494 | 0.0% |
| 2005-12-14 22:23 | 2005-12-12 | Clark John David | Officer - Chief Credit Officer | OPT+S | $23.63 | 1,500 | $35,451 | 8,900 | 0.0% |
| 2005-12-15 00:56 | 2005-12-14 | Lemchak Joseph Jonathon | Officer - Chief Investment Officer | SELL | $23.99 | 2,127 | $51,017 | 100 | -95.5% |
| 2005-12-14 22:54 | 2005-12-14 | ACE BRIAN R | Director | BUY | $23.96 | 1,000 | $23,956 | 27,534 | +3.8% |
| 2005-12-14 22:58 | 2005-12-13 | PATTON MICHAEL A | Officer - President/Financial Services | OPT+S | $23.90 | 800 | $19,120 | 77,494 | 0.0% |
| 2005-12-13 19:47 | 2005-12-09 | Lemchak Joseph Jonathon | Officer - Chief Investment Officer | SELL | $23.99 | 1,000 | $23,990 | 2,227 | -31.0% |
| 2005-12-13 19:46 | 2005-12-12 | STEELE SALLY A | Director | BUY | $23.95 | 100 | $2,395 | 37,633 | +0.3% |
| 2005-12-13 23:46 | 2005-12-09 | PATTON MICHAEL A | Officer - President/Financial Services | OPT+S | $23.93 | 10,210 | $244,355 | 77,494 | 0.0% |
| 2005-12-07 23:36 | 2005-12-07 | BELDEN SANFORD A | Director, Officer - President & Chief Executive Of | SELL | $23.73 | 15,000 | $355,965 | 62,228 | -19.4% |
| 2005-11-17 22:10 | 2005-11-15 | DICERBO NICHOLAS A | Director | BUY | $24.09 | 58 | $1,397 | 78,199 | +0.1% |
| 2005-11-14 23:32 | 2005-11-09 | DICERBO NICHOLAS A | Director | BUY | $23.97 | 70 | $1,678 | 78,141 | +0.1% |
| 2005-11-14 22:42 | 2005-11-10 | PATTERSON DAVID CHARLES | Director | OPT+S | $24.02 | 3,220 | $77,335 | 20,036 | 0.0% |
| 2005-11-14 22:51 | 2005-11-14 | CANTWELL PAUL M JR | Director | BUY | $24.23 | 200 | $4,846 | 100,726 | +0.2% |
| 2005-11-10 19:53 | 2005-11-09 | PATTON MICHAEL A | Officer - President/Financial Services | SELL | $24.05 | 3,616 | $86,955 | 0 | -100.0% |
| 2005-11-09 22:53 | 2005-11-07 | WEARS JAMES A | Officer - President/Banking | SELL | $23.92 | 3,494 | $83,589 | 25,476 | -12.1% |
| 2005-11-08 23:11 | 2005-11-03 | DICERBO NICHOLAS A | Director | BUY | $23.57 | 135 | $3,182 | 88,561 | +0.2% |
| 2005-11-07 20:01 | 2005-11-03 | BAKER TIMOTHY JAMES | Officer - Director of Special Projects | SELL | $24.00 | 1,000 | $24,000 | 4,904 | -16.9% |
| 2005-11-02 23:00 | 2005-10-31 | BAKER TIMOTHY JAMES | Officer - Director of Special Projects | SELL | $23.67 | 1,500 | $35,500 | 5,904 | -20.3% |
| 2005-10-31 19:22 | 2005-10-28 | ACE BRIAN R | Director | BUY | $23.29 | 1,000 | $23,285 | 26,534 | +3.9% |
| 2005-10-31 22:44 | 2005-10-31 | STEELE SALLY A | Director | BUY | $23.80 | 100 | $2,380 | 37,533 | +0.3% |
| 2005-10-28 21:03 | 2005-10-26 | BAKER TIMOTHY JAMES | Officer - Director of Special Projects | SELL | $23.06 | 6,357 | $146,600 | 2,612 | -70.9% |
| 2005-10-28 18:17 | 2005-10-27 | DICERBO NICHOLAS A | Director | BUY | $23.35 | 200 | $4,670 | 88,426 | +0.2% |
| 2005-10-28 18:43 | 2005-10-26 | WEARS JAMES A | Officer - President/Banking | SELL | $23.38 | 11,332 | $264,948 | 0 | -100.0% |
| 2005-10-26 22:52 | 2005-10-26 | PATTON MICHAEL A | Officer - President/Financial Services | SELL | $23.45 | 1,646 | $38,597 | 3,604 | -31.3% |
| 2005-10-04 22:48 | 2005-09-21 | DICERBO NICHOLAS A | Director | BUY | $22.31 | 300 | $6,693 | 87,589 | +0.3% |
| 2005-09-20 17:54 | 2005-09-16 | BAKER TIMOTHY JAMES | Officer - Director of Special Projects | SELL | $23.25 | 500 | $11,625 | 9,204 | -5.2% |
How to Interpret $CBU Trades
Not every insider transaction in COMMUNITY FINANCIAL SYSTEM, INC. is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $CBU shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.
Data Source & Accuracy for CBU
Insider activity data for COMMUNITY FINANCIAL SYSTEM, INC. is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $CBU, allowing you to follow the capital of those with the most intimate knowledge of the company.
UNDERSTANDING THE DATA
FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.
TRADE DATE: The actual day the insider executed the purchase or sale in the market.
INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.
OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.
CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.
TRADE TYPES DEFINITIONS
BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.
SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.
OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.