Form 4: Chemung Financial Corp Executive Vice President Kimberly A. Hazelton Reports Stock Transaction

Executive Vice President Kimberly A. Hazelton of Chemung Financial Corp reported the disposal of 106 shares of common stock on December 13, 2024.

Summary

• Kimberly A. Hazelton, an Executive Vice President at Chemung Financial Corp, reported a transaction involving the company's common stock.
• On December 13, 2024, Ms. Hazelton disposed of 106 shares of common stock.
• The shares were disposed of at a price of $54.16 per share.
• Following the transaction, Ms. Hazelton directly owns 6,640 shares of Chemung Financial Corp common stock.

Sentiment

Score: 5

Explanation: This is a neutral transaction report, not indicative of positive or negative sentiment. It is a routine disclosure of an insider stock sale.

Industry Context

This is a routine filing related to insider trading activity and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, as mandated by the Securities and Exchange Commission (SEC).
• These filings are used to disclose transactions by company insiders, such as officers and directors, to ensure transparency and prevent insider trading.
• Similar filings are made by executives at comparable financial institutions such as Community Bank System Inc. and NBT Bancorp Inc.

Stakeholder Impact

• This transaction has a minimal impact on stakeholders as it is a small sale by an executive.

Key Dates

Keywords

Chemung Financial Corp, stock transaction, insider trading, executive vice president, common stock, Form 4, CHMG