{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-23-165772","form_type":"8-K","ticker":"CZFS","cik":"0000739421","company_name":"CITIZENS FINANCIAL SERVICES INC","filed_at":"2023-06-13T23:59:59+00:00","discovered_at":"2026-05-14T18:03:42.123708+00:00","generated_at":"2026-06-14T02:25:56.171103+00:00","sec_items":["8.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"CZFS announces merger consideration elections for HVBC; closing expected June 16","bullets":["HVBC stockholders will receive 0.4040 CZFS shares per share unless a valid cash election was made; proration caps cash at 20% of total shares.","Holders of 43.97% of HVBC shares elected cash; 39.61% elected stock; 16.42% made no election.","Cash-electing shareholders will have 45.49% of their shares exchanged at $30.50 cash per share; remainder converted to CZFS stock.","Closing anticipated on June 16, 2023, subject to customary conditions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-23-165772","json":"https://secwatch.observer/filing/0001193125-23-165772.json","markdown":"https://secwatch.observer/filing/0001193125-23-165772.md","text":"https://secwatch.observer/filing/0001193125-23-165772.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/739421/000119312523165772/0001193125-23-165772-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/739421/000119312523165772/d485350d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T02:25:56.171103+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"}