Form 4: Chemung Financial Corp Executive McKim Dale M. III Reports Stock Disposal
SEC Form 4 Filing
EVP, CFO & Treasurer of Chemung Financial Corp, McKim Dale M. III, reports disposing of 184 shares of common stock on July 3, 2024, to cover tax obligations.
Summary
- On July 3, 2024, McKim Dale M. III, EVP, CFO & Treasurer of Chemung Financial Corp, disposed of 184 shares of common stock.
- The transaction was executed at a price of $45.7 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, McKim Dale M. III directly owns 3,746 shares of Chemung Financial Corp common stock.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't convey any particular positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common and expected. It provides transparency into the trading activities of company executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/13/2023 | Date of Power of Attorney granted to Kathleen S. McKillip |
| 07/03/2024 | Date of stock disposal transaction |
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