Finch Steven C. 4
4 · FINANCIAL INSTITUTIONS INC · Filed May 21, 2026
Research Summary
AI-generated summary of this filing
Financial Institutions Inc (FISI) Director Steven C. Finch Receives Award
What Happened Steven C. Finch, a director of Financial Institutions Inc (FISI), reported acquisitions on May 20, 2026. The filing shows 1,282 shares acquired at $0.00 (likely an award or issuance) and 391 shares acquired at $35.10 for a cash value of $13,724 — a total of 1,673 shares added to his holdings. The transactions are coded as "A" (grant, award or other acquisition), indicating these were not open-market sales.
Key Details
- Transaction dates and prices: May 20, 2026 — 1,282 shares at $0.00; 391 shares at $35.10 (total cash paid $13,724).
- Total shares acquired: 1,673 shares.
- Shares owned after transaction: Not stated in the provided details of the filing.
- Filing timeliness: Reported on May 21, 2026 (filed the day after the transactions), which is within typical Form 4 reporting windows.
- Footnotes/flags: Transactions are listed as "A" (award/grant/other acquisition); no 10b5-1 plan, tax-withholding, or cashless-exercise footnotes were provided in the supplied information.
Context The "A" code covers stock awards, vesting of restricted stock/RSUs, or other non-open-market acquisitions; a $0.00 price commonly reflects shares issued as an award rather than bought on the open market. This filing shows a net acquisition by a director (often interpreted by investors as a modestly positive signal), but it does not explain the underlying reason for the award or acquisition. As always, insider purchases/awards are one data point and should be considered with the company’s broader financials and news.
Insider Transaction Report
- Award
Common Stock
2026-05-20+1,282→ 1,282 total - Award
Common Stock
2026-05-20$35.10/sh+391$13,724→ 1,673 total