Gonick Denise V 4

What Happened

• Denise V. Gonick, a director of Chemung Financial Corp (CHMG), acquired 583 shares as an award on January 21, 2026. The shares were reported at $57.13 per share for a total value of approximately $33,307. This transaction is coded as an award/grant (A), an acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-01-21; reported price: $57.13 per share
• Shares acquired: 583; total reported value: $33,307
• Filing date / Form 4 filed: 2026-01-23 (timely filing—within standard 2 business days)
• Transaction code: A (award/grant)
• Shares owned after transaction: not disclosed in the information provided
• No footnotes or 10b5-1/tax-withholding details were reported in the summary provided

Context

• Awards to directors are commonly part of standard compensation (restricted stock, RSUs, or similar) and are reported as acquisitions for disclosure purposes. While awards increase an insider’s holdings and indicate alignment with shareholders, they are compensation-driven and do not necessarily reflect a discretionary open-market buy by the insider.