Form 4: Chemung Financial Corp Executive Vice President Sells Shares

Sentiment:

SEC Form 4 Filing


Kimberly A. Hazelton, an Executive Vice President at Chemung Financial Corp, disposed of 64 shares of common stock on December 16, 2024.

Summary

  • Kimberly A. Hazelton, an Executive Vice President at Chemung Financial Corp, sold 64 shares of the company's common stock.
  • The transaction occurred on December 16, 2024.
  • The sale price was $54.09 per share.
  • Following the transaction, Ms. Hazelton directly owns 6,576 shares of Chemung Financial Corp stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock sale 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 sale of 64 shares by an executive is a relatively small transaction and is not unusual.

Stakeholder Impact

  • The transaction is unlikely to have a significant impact on stakeholders due to the small number of shares involved.

Key Dates

DateDescription
12/16/2024Date of the stock sale transaction.
12/17/2024Date of the signature on the form.

Keywords

Chemung Financial Corp, Executive Vice President, stock sale, insider trading, CHMG, Form 4

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