Tyrrell Thomas R. 4

What Happened

• Tyrrell Thomas R., a director of CHEMUNG FINANCIAL CORP (CHMG), was granted/received 653 shares on 2026-01-21 at an effective price of $57.13 per share, a total value of approximately $37,306. The transaction is reported as an acquisition/award (transaction code A).

Key Details

• Transaction date: 2026-01-21; price per share: $57.13; total value: ~$37,306.
• Shares acquired: 653 shares.
• Shares owned after the transaction: not specified in the provided filing summary.
• Footnote: Includes dividends issued periodically under the issuer’s Dividend Reinvestment Plan (DRIP).
• Filing date: 2026-01-23 — appears to be filed within the normal two-business-day Form 4 window (timely).

Context

• This was an award/acquisition (code A), not an open-market buy or sale. The footnote indicates the shares may result from dividend reinvestment or a routine award, which is common and does not necessarily signal a change in insider sentiment.
• For retail investors: acquisitions are generally more informative than sales, but DRIP-related awards are often routine—treat this as a reinvestment/compensation event rather than a strong directional insider bet.