{"schema_version":"secwatch.filing_event.v1","accession":"0000739421-25-000005","form_type":"8-K","ticker":"CZFS","cik":"0000739421","company_name":"CITIZENS FINANCIAL SERVICES INC","filed_at":"2025-01-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.241452+00:00","generated_at":"2026-05-28T16:25:04.758018+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"confidence":"high","headline":"Citizens Financial Services enters change-in-control agreements with two senior executives","bullets":["Agreements with David Z. Richards Jr. (Senior EVP, Director Emerging Markets) and Stephen J. Guillaume (SVP, CFO), effective Dec 31, 2024.","Upon qualifying termination related to a change in control, each executive receives lump sum equal to 1x base salary plus average bonus, and pro rata bonus.","Continued health and long-term disability insurance for 18 months; accelerated vesting of time-based equity awards.","Non-compete for 12 months and non-solicitation for 18 months post-termination."],"urls":{"canonical":"https://secwatch.observer/filing/0000739421-25-000005","json":"https://secwatch.observer/filing/0000739421-25-000005.json","markdown":"https://secwatch.observer/filing/0000739421-25-000005.md","text":"https://secwatch.observer/filing/0000739421-25-000005.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/739421/000073942125000005/0000739421-25-000005-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/739421/000073942125000005/changeincontrolagreements.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T16:25:04.758018+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}