Dalrymple David J. 4
Research Summary
AI-generated summary
CHEMUNG FINANCIAL (CHMG) Director David Dalrymple Receives 863 Shares
What Happened
- David J. Dalrymple, a director of Chemung Financial Corp. (CHMG), received/was granted 863 shares on 2026-01-21. The reported acquisition price per share is $57.13, for a total value of approximately $49,303. This was an award/acquisition (not a sale).
Key Details
- Transaction date: 2026-01-21; Filing date (Form 4): 2026-01-23.
- Transaction type: Award/grant or other acquisition (code A).
- Shares involved: 863 shares at $57.13 per share; total ≈ $49,303.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnote: F1 — Includes dividends issued periodically under the issuer’s Dividend Reinvestment Plan (DRIP).
- Timeliness: Form 4 filed two days after the transaction date, which is consistent with the usual two-business-day Form 4 filing requirement.
Context
- This transaction is an award/acquisition (an insider receiving shares), which is an acquisition of stock rather than a sale. Awards and grants can come from compensation plans or DRIP reinvestment; the filing notes DRIP-related dividends may be included. As with all insider filings, the entry is factual and does not, by itself, indicate the director’s personal view of the company’s prospects.