John F. Whipple, serving on the board of Community Financial System (NYSE:CBU), completed a block sale of company stock on February 4, 2026. According to the filing, Whipple sold 4,246 shares of common stock for aggregate proceeds of $276,703. The sales were carried out at a weighted average price of $65.1681 per share, with executed prices within a band of $65.00 to $65.355.
On that same date Whipple also exercised stock options covering an equal number of shares. The options were exercised at an exercise price of $38.02, producing a notional value of $161,432 for the 4,246 shares underlying the option exercise.
Following the combination of the open-market sale and the option exercise, Whipples direct ownership in Community Financial System stands at 8,506.0302 shares. The filing does not describe any additional transfers, gifts or derivative positions beyond these reported transactions.
In separate corporate reporting, Community Bank System released its fourth-quarter 2025 operating results. The firm recorded an operating earnings per share (EPS) of $1.12, narrowly missing the consensus estimate of $1.13. Revenue for the quarter reached $215.45 million, ahead of the anticipated $212.85 million, representing a revenue outperformance relative to expectations.
Those results paint a mixed picture: EPS came in just below forecast while top-line figures exceeded projections. The companys recent disclosures do not indicate any merger or acquisition activity, and there have been no public reports of analyst upgrades or downgrades tied to the quarter at this time.
These filings and earnings data provide a concise snapshot of recent insider activity and corporate performance. The insider sale combined with the option exercise outlines Whipples shifting position in the company, while the quarterly metrics for Community Bank System show slightly softer profitability on the operating EPS line alongside stronger-than-expected revenue generation.