Latella Robert N 4

What Happened
Robert N. Latella, a director of Financial Institutions Inc. (FISI), was granted/acquired 1,282 shares on May 20, 2026 as an award. The reported acquisition price is $0.00 per share (total reported value $0), indicating these shares were issued as compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-05-20; Report filed: 2026-05-21 (timely filing).
• Transaction type/code: Award/Grant (A). Price: $0.00 per share; total reported consideration $0.
• Shares acquired: 1,282. Shares owned after transaction: not disclosed in this filing.
• No footnotes or 10b5-1/ tax-withholding details were reported in the supplied transaction summary.

Context
Stock awards to directors are common as part of compensation plans and do not represent an open-market purchase or sale. A $0.00 price typically means the shares were granted (e.g., restricted stock or similar award); such grants are compensation-related and should be interpreted differently than insider purchases or sales.