8-K
filed May 22, 2026, 5:00 PM ET
ticker CBU
CIK 0000723188
other
confidence high
sentiment neutral
materiality 0.15
Community Financial System shareholders elect 12 directors, approve say-on-pay and auditor ratification
COMMUNITY FINANCIAL SYSTEM, INC.
- All 12 director nominees elected with votes-for ranging from 38.7M to 40.3M out of about 45.7M votes cast.
- Non-binding advisory vote on executive compensation approved with 39.1M for, 1.4M against, 197K abstain.
- Ratification of PricewaterhouseCoopers as auditor for FY2026 approved with 45.2M for, 458K against, 34K abstain.
- Annual meeting held virtually on May 20, 2026; all proposals passed with substantial shareholder support.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Advisory approval of executive compensation at the 2026-05-20 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s Shareholders approved, on a non-binding advisory basis, the Company’s executive compensation programs, as described in the proxy statement, as set forth below: For Against Abstain Broker Non-Votes 39,052,791 1,367,203 197,287 5,090,737
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Ratification of PricewaterhouseCoopers LLP as independent auditor at the 2026-05-20 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s Shareholders ratified the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2026, as set forth below: For Against Abstain 45,216,738 457,737 33,543
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.95
COMMUNITY FINANCIAL SYSTEM, INC. shareholders approved Election of 12 Directors at the 2026-05-20 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-20
Exact text from the filing
The Company’s Shareholders elected 12 individuals to the Board to serve one-year terms, as set forth below: Name of Director Number of Votes For Against Abstain Broker Non-Votes Mark J. Bolus 40,020,617 488,590 108,074 5,090,737 Neil E. Fesette 39,864,573 593,920 158,788 5,090,737 Brenda M. Hall 40,299,084 279,204 38,993 5,090,737 Dimitar A. Karaivanov 40,292,552 250,032 74,697 5,090,737 Jeffery J. Knauss 39,182,068 1,384,863 50,350 5,090,737 Kerrie D. MacPherson 39,110,529 1,457,481 49,271 5,090,737 John Parente 38,668,170 1,878,778 70,333 5,090,737 Raymond C. Pecor, III 39,163,485 1,407,958 45,838 5,090,737 Savneet Singh 40,220,651 318,640 77,990 5,090,737 Eric E. Stickels 39,092,718 1,481,480 43,083 5,090,737 Michele P. Sullivan 40,246,624 332,662 37,995 5,090,737 John A. Vaccaro 40,130,426 431,444 55,411 5,090,737
View on SEC.gov
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