Tompkins Financial Corp: director Heidi M Davidson received 259.514 shares

What happened

• Heidi M Davidson, a director of Tompkins Financial Corp, received two grants of phantom stock on Oct 2, 2026: 169.303 shares at $98.93 valued at $16,750 and 90.211 shares at $98.93 valued at $8,925. The filing reports these as derivative awards (code A).

Key details

• Transaction date and price: Oct 2, 2026; both grants priced at $98.93 per share.
• Share counts and values: 169.303 shares = $16,750; 90.211 shares = $8,925; total 259.514 shares = $25,675.
• Shares owned after the transaction: not reported in the filing.
• Footnote (F1): each phantom share is the economic equivalent of one common share; phantom stock is deferred stock compensation under the Amended and Restated Retainer Plan for Eligible Directors, held in a rabbi trust pending distribution; the reporting person has no voting or investment power over the shares prior to distribution.
• Filing date: Oct 5, 2026. The filing does not indicate a late filing.

Why it may matter

• These were grants of phantom stock (deferred compensation), not market purchases or sales.
• The awards are derivative in nature and are held in a rabbi trust with no voting or investment power before distribution.
• A filing does not show why the insider traded or why the company acted.