Citizens Financial Services Inc 8-K, filed Feb 17, 2022
Citizens Financial Services Inc (CZFS)
8-K
2022-02-17
For: 2022-02-15
View Original
Added on
April 09, 2026
About this 8-K
Citizens Financial Services Inc filed this 8-K on February 17, 2022, reporting on events of February 15, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): February 15, 2022
(Exact name of registrant as specified in its charter)
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(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act
of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of
Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 15, 2022, the Board of Directors of Citizens Financial Services, Inc. (the “Company”), the
parent company of First Citizens Community Bank (the “Bank”), appointed Janie Hilfiger to the Company’s Board of Directors. Ms. Hilfiger’s appointment is effective as of February 15, 2022. In addition, on February 15, 2022, the Board of Directors of
the Bank appointed Ms. Hilfiger to the Bank’s Board of Directors.
As of the date of this Current Report on Form 8-K, no decision has been made regarding on which
committee(s) of the Company’s Board of Directors Ms. Hilfiger will be named to serve, if any.
Ms. Hilfiger will be compensated as a non-employee director of the Company in accordance with the
compensation policies described in the Company’s Definitive Proxy Statement for the Company’s 2021 Annual Meeting of Shareholders.
There were no arrangements or understandings between Ms. Hilfiger and any other person pursuant to which she
was selected as a director. Additionally, there has been no transaction nor are there any proposed transactions between the Company and/or the Bank and Ms. Hilfiger that would require disclosure pursuant to Item 404(a) of Regulation S-K.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
| CITIZENS FINANCIAL SERVICES, INC. |
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Date: February 17, 2022
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By:
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/s/ Stephen J. Guillaume |
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| Stephen J. Guillaume |
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| Chief Financial Officer |
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