CHEMUNG FINANCIAL CORP·4

Feb 19, 12:53 PM ET

Stempin John J 4

Research Summary

AI-generated summary

Updated

Chemung Financial (CHMG) Controller John J. Stempin Receives 127-Share Award

What Happened
John J. Stempin, Controller of Chemung Financial Corp (CHMG), acquired 127 shares on February 17, 2026 via an award/grant (transaction code A). The reported transaction price is $59.24 per share, for a total value of approximately $7,523. This was an award-type acquisition (company grant/compensation), not an open-market purchase or sale.

Key Details

  • Transaction date: 2026-02-17; Filing date: 2026-02-19 (filed within the typical two-business-day window).
  • Transaction type/code: A (Award/Grant/Other acquisition)
  • Shares acquired: 127 at $59.24 each; total value ≈ $7,523
  • Shares owned after transaction: Not disclosed in the provided filing excerpt
  • Footnotes / special plans: None reported in the excerpt provided
  • Timeliness: Filing appears timely (not marked late)

Context
Awards/grants are commonly part of compensation packages (e.g., restricted stock or RSUs) and do not necessarily signal a personal market bet by the insider. For retail investors, open-market purchases (code P) often carry more weight as indicators of insider buying interest; awards mainly reflect compensation and can increase insider ownership but are routine.