Forrestel Richard E Jr 4

What Happened Richard E. Forrestel Jr., a director of Chemung Financial Corp. (CHMG), received a grant of 591 shares on January 21, 2026. The award is reported at $57.13 per share, for a total value of approximately $33,764. This transaction is coded as an award/grant (A)—an acquisition tied to compensation rather than an open-market purchase.

Key Details

• Transaction date and price: 2026-01-21; 591 shares at $57.13 each.
• Total reported value: ~$33,764.
• Shares owned after transaction: Not disclosed in the provided filing.
• Transaction code: A = Award/Grant (compensatory acquisition).
• Filing: Form 4 filed 2026-01-23 (timely relative to the 2-business-day rule); no late-filing flag indicated.
• No footnotes or 10b5-1/other plan details were provided in the supplied summary.

Context Grants and awards are typically part of director or executive compensation plans and do not necessarily signal a personal market buy or sell decision. Unlike open-market purchases, awards reflect company compensation policy and may be subject to vesting or other restrictions (not detailed in this filing).