Cosgrove Peter K 4

What Happened

Peter K. Cosgrove, Executive Vice President and Chief Compliance Officer of Chemung Financial Corp (CHMG), was granted 1,267 shares on February 17, 2026. The shares were valued at $59.24 each, for a total reported value of approximately $75,057. This transaction is recorded as an award/grant (code A) — a compensation event rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-17
• Price per share: $59.24; Shares granted: 1,267; Total value: ~$75,057
• Transaction type/code: Award/Acquisition (A) — likely part of compensation plan
• Filing date: 2026-02-19 — filed within the typical two-business-day window (timely)
• Shares owned following the transaction: Not specified in the provided filing details
• No 10b5-1 plan, tax withholding, or other footnotes were noted in the summary provided

Context

Grants and awards are common forms of executive compensation (e.g., restricted stock or RSUs) and may vest over time; the filing excerpt does not specify vesting terms or immediate sale. Such awards reflect company compensation practices and are not direct buy/sell signals about the insider's short-term market view.