PANZARELLA ANGELA J 4
Research Summary
AI-generated summary
FISI Director Angela J. Panzarella Receives Stock Awards
What Happened
- Angela J. Panzarella, a director of Financial Institutions Inc (FISI), acquired a total of 2,207 shares on May 20, 2026 via awards/other acquisitions (transaction code A). The awards break down as 1,282 shares at $0.00 (no cash paid) and 925 shares acquired at $35.10 each, valued at $32,468. These were acquisitions (awards), not sales.
Key Details
- Transaction date: 2026-05-20; Filing date: 2026-05-21 (filed timely).
- Award breakdown: 1,282 shares @ $0.00; 925 shares @ $35.10 (total reported value $32,468).
- Shares acquired total: 2,207.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes/plan details: filing lists code A (award/other acquisition) but does not specify vesting, tax withholding, or a 10b5-1 plan.
Context
- Code A typically indicates an equity award (e.g., restricted stock or similar), which is an acquisition rather than a sale; the filing does not state whether any shares are subject to vesting or transfer restrictions. No indication of an immediate sale or cashless exercise in this filing.