Johnson Patricia A 4
Research Summary
AI-generated summary
Tompkins Financial (TMP) Director Patricia Johnson Receives Award
What Happened
- Patricia A. Johnson, a director of Tompkins Financial Corporation (TMP), was granted 189 shares of common stock on July 1, 2026. The shares were issued at $95.92 each for a total value of $18,129. The transaction is reported as an award/acquisition (code A).
Key Details
- Transaction date: 2026-07-01; reported on Form 4 filed 2026-07-02 (timely filing).
- Price per share: $95.92; shares received: 189; total value: $18,129.
- Shares owned after transaction: not reported in this filing.
- Footnote: Ms. Johnson elected to receive these shares in lieu of cash retainer fees under Tompkins Financial’s Second Amended and Restated Retainer Plan for Eligible Directors.
- Transaction type: Award/grant (not an open-market purchase or sale).
Context
- This is routine director compensation (equity received instead of cash) and should be viewed as compensation rather than a direct market-driven purchase or sale. Such grants are common and do not necessarily signal the director’s short-term trading view of the company.