Dalrymple Robert H 4
Research Summary
AI-generated summary
CHMG Director Robert H. Dalrymple Receives 696-Share Award
What Happened
- Robert H. Dalrymple, a director of Chemung Financial Corp (CHMG), was issued/awarded 696 shares on January 21, 2026. The filing reports an acquisition at an attributed value of $57.13 per share, totaling $39,762. This transaction is coded as an award/grant (A), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-01-21; Filing date: 2026-01-23 (filed two days after the transaction, which is timely for a Form 4).
- Shares acquired: 696; Price/value per share: $57.13; Total reported value: $39,762.
- Transaction code: A (award/grant) — indicates shares were issued as a grant/award rather than bought on the open market.
- Shares owned after transaction: Not disclosed in the excerpt of the filing provided.
- Notable footnotes: None reported in the provided data (no 10b5-1 plan, tax-withholding, or cashless-sale notes shown).
Context
- Awards/grants are typically part of compensation or board equity programs and differ from open-market purchases; they don't necessarily reflect the insider buying shares on the market. For retail investors, acquisitions via awards are informative about compensation and alignment but are not the same signal as a director buying stock with personal funds.