Form 4: Chemung Financial Corp Executive Vice President Reports Change in Beneficial Ownership
SEC Form 4 Filing
Thomas W. Wirth, Executive Vice President of Chemung Financial Corp, reports a transaction involving common stock on December 19, 2024.
Summary
- On December 19, 2024, Thomas W. Wirth, an Executive Vice President at Chemung Financial Corp, engaged in a transaction involving the company's common stock.
- The transaction involved the disposal of 99 shares at a price of $49.7.
- Following the transaction, Wirth directly owns 3,593 shares of common stock.
- Wirth also indirectly owns 18,511.632 shares through a qualified plan.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine transaction. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of company executives and their potential impact on the stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an executive's decision to sell a small portion of their holdings.
Key Dates
| Date | Description |
|---|---|
| 04/17/2019 | Date of Power of Attorney granted to Kathleen S. McKillip. |
| 12/19/2024 | Date of transaction involving common stock. |
| 12/20/2024 | Date of signature for the report. |
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