Davidson Heidi M 4

What Happened Heidi M. Davidson, a director of Tompkins Financial Corporation (TMP), was granted two awards of phantom stock on 2026-04-02 totaling 270.632 shares at an attributed price of $80.09 per share, with a combined value of $21,675. These were reported as derivative awards (transaction code A) — deferred compensation rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-02; filing date: 2026-04-06 (Form 4 accession 0001005817-26-000035).
• Grants: 159.195 phantom shares valued at $12,750 and 111.437 phantom shares valued at $8,925; price used = $80.09/share.
• Total: 270.632 phantom shares; total value reported = $21,675.
• Shares owned after transaction: not specified in the filing.
• Footnote: These are phantom stock awards held in a rabbi trust as deferred compensation under the Amended and Restated Retainer Plan for Eligible Directors; each phantom share is the economic equivalent of one common share, but the reporting person has no voting or investment power over them prior to distribution.

Context Phantom stock awards are a form of deferred pay tied to the company’s stock value and do not represent immediate open-market buying or selling. They typically indicate compensation rather than a direct signal of personal trading conviction. This filing documents the grant of deferred-equity units and the accompanying trust restrictions; it does not show an executive purchasing or liquidating shares.