Form 4: Chemung Financial Corp Executive Vice President Kimberly A. Hazelton Reports Stock Disposal
SEC Form 4 Filing
Executive Vice President Kimberly A. Hazelton of Chemung Financial Corp disposed of 64 shares of common stock on December 18, 2024.
Summary
- Kimberly A. Hazelton, an Executive Vice President at Chemung Financial Corp, reported a transaction involving the disposal of company stock.
- On December 18, 2024, Ms. Hazelton disposed of 64 shares of common stock at a price of $51.1 per share.
- Following this transaction, Ms. Hazelton directly owns 6,512 shares of Chemung Financial Corp stock.
Sentiment
Score: 5
Explanation: The document is a neutral report of a stock transaction by an executive, with no indication of positive or negative sentiment.
Industry Context
This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company executives.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider transactions.
- The transaction is small in volume and is not unusual for an executive of a company of this size.
- Comparable companies would also have similar filings when their executives trade company stock.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders due to the small volume of shares involved.
Key Dates
| Date | Description |
|---|---|
| 12/18/2024 | Date of the stock disposal transaction. |
| 12/19/2024 | Date of the signature on the Form 4 filing. |
Keywords
Chemung Financial Corp, stock disposal, insider trading, executive transaction, CHMG, Form 4, Kimberly A. Hazelton
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