Chemung Financial (CHMG) EVP Timothy D. Calkins Receives 308-Share Award

What Happened

Timothy D. Calkins, Executive Vice President of Chemung Financial Corp (CHMG), received 308 shares on August 10, 2026 as an award/other acquisition (Form 4 transaction code "A"). The shares were recorded at $81.24 per share, for a total value of approximately $25,022. This was a company grant/award (compensation), not an open-market purchase.

Key Details

• Transaction date: 2026-08-10; Form 4 filed: 2026-08-12 (two days after the transaction, which is within the typical 2-business-day reporting window).
• Transaction type/code: Award/Grant (A) — acquisition via company award.
• Shares involved: 308 shares at $81.24 per share; total value ≈ $25,022.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes/plan references: None disclosed in the provided data (no 10b5-1, tax-withholding, or cashless-sale notes shown).

Context

Awards and grants are commonly part of executive compensation (restricted shares, performance awards, etc.). Such grants are routine and reflect compensation policy rather than a direct open-market signal of the insider’s trading sentiment.