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AI brief of an SEC Form 8-K · CITIZENS FINANCIAL SERVICES INC (CZFS)

Citizens Financial Services adds John D. Behm to board; discloses 2025 executive bonuses

Neutral Impact 2 of 5 leadership Written later

Citizens Financial Services appointed John D. Behm, a director of its subsidiary First Citizens Community Bank, to its board on June 16, 2026. The 8-K also updates executive pay for fiscal 2025, disclosing cash bonuses for named executives and a CEO pay ratio of 36.9 that was omitted from the March proxy statement.

Key points

  • Board appointed John D. Behm as a director on June 16, 2026; committee assignments not yet determined
  • CEO Randall E. Black's fiscal 2025 cash bonus was $590,601, raising his total compensation to $1,803,244
  • CEO pay ratio is 36.9, compared with a median employee annual compensation of $48,896
  • CFO Stephen J. Guillaume's SERP amendment provides a benefit equal to 10.0% of his highest average annual cash compensation over three non-consecutive years

The filing

CompanyCITIZENS FINANCIAL SERVICES INC (CZFS)
Form8-K, current report
Filed with the SECJun 22, 2026, 7:30 AM ET
Accession number0000739421-26-000059

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 22, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.