DORN ANDREW W JR 4
Research Summary
AI-generated summary
FISI Director Andrew W. Dorn Jr. Receives 1,282-Share Award
What Happened
- Andrew W. Dorn Jr., a director of Financial Institutions Inc. (FISI), was awarded 1,282 shares on 2026-05-20. The Form 4 reports the acquisition as an award/grant (transaction code A) with an acquisition price of $0.00 (total reported value $0).
Key Details
- Transaction date: 2026-05-20; Form 4 filed: 2026-05-21 (appears timely).
- Reported price: $0.00 per share; total reported acquisition value: $0.
- Shares owned after transaction: not specified in the supplied filing data.
- Transaction code: A (award/grant). No footnotes, 10b5-1 plan, or tax-withholding details were provided in the provided summary.
Context
- This was a compensatory award, not an open-market purchase or sale; such grants are typically part of director compensation (e.g., restricted stock or RSUs) and may vest over time. Awards do not necessarily indicate immediate bullish trading by the insider.