Tyrrell Thomas R. 4
Research Summary
AI-generated summary
Chemung Financial (CHMG) Director Tyrrell Thomas R. Sells 500 Shares
What Happened
Tyrrell Thomas R., a director of Chemung Financial Corp. (CHMG), sold 500 shares on February 2, 2026 at $61.00 per share, for a total transaction value of $30,500. This was a sale (S) reported as an open-market or private sale. Sales are often routine disposals and do not necessarily signal a change in view on the company.
Key Details
- Transaction date: 2026-02-02; Price: $61.00 per share; Shares sold: 500; Total proceeds: $30,500.
- Transaction type: Reported as an open-market or private sale (code S).
- Shares owned after the transaction: Not provided in the information supplied in this summary.
- Footnote F1: Indicates ownership totals include dividends issued under the issuer’s Dividend Reinvestment Plan (DRIP).
- Filing timeliness: Report filed on 2026-02-02 (same date as the transaction), indicating a timely report.
Context
Insider sales are common and can be for many personal or portfolio reasons; they are not as directly informative as purchases about insider conviction. The footnote about the DRIP means reported ownership figures (if shown elsewhere in the filing) may include reinvested dividends.