Archibold Raimundo C. Jr 4

What Happened

• Archibold Raimundo C. Jr, a director of Chemung Financial Corp (CHMG), was granted/awarded 574 shares on January 21, 2026. The reported acquisition price per share was $57.13, for a total reported value of $32,793. This transaction is coded as an award/grant (Form 4 code "A"), an acquisition rather than a sale.

Key Details

• Transaction date: 2026-01-21; Price: $57.13 per share; Total value: $32,793.
• Transaction type: Award/grant (Form 4 code A) — an acquisition of shares.
• Shares owned after transaction: Not reported in the provided excerpt of the filing.
• Filing: Form 4 filed 2026-01-23 for the 2026-01-21 transaction — appears to be filed within the typical two-business-day window (timely).
• No additional footnotes (e.g., 10b5-1 plan, tax withholding, cashless sale) were provided in the excerpt.

Context

• Grants or awards to directors are commonly part of routine compensation (restricted stock, director retainer shares, etc.) and do not necessarily signal management trading intentions. Because this is an acquisition (award) rather than a sale, it increases the director’s stake but should be interpreted as compensation-related unless further details disclose otherwise.