Form 4: Chemung Financial EVP Sells Shares for Tax Withholding

Chemung Financial's EVP & Chief Risk Officer, Mary E. Meisner, reported the disposition of common stock to cover tax withholding obligations.

Summary

• Mary E. Meisner, Executive Vice President and Chief Risk Officer of Chemung Financial Corp (CHMG), reported transactions involving the company's common stock.
• On December 15, 2025, Meisner disposed of 55 shares of common stock at a price of $59.3 per share.
• On December 16, 2025, an additional 31 shares of common stock were disposed of at a price of $59.57 per share.
• These dispositions were made to satisfy tax withholding obligations, indicated by transaction code 'F'.
• Following these transactions, Meisner beneficially owns 3,491.419 shares of Chemung Financial Corp common stock directly.

Sentiment

Score: 5

Explanation: The filing reports routine insider transactions for tax withholding purposes, which are neutral in sentiment and do not indicate positive or negative company performance or insider confidence.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This is a routine insider transaction filing (Form 4) for a financial institution, detailing the disposition of shares by an executive to cover tax obligations. Such transactions are common across all industries and typically do not reflect changes in company fundamentals or strategic direction.

Stakeholder Impact

• Shareholders: Minimal impact, as these are routine tax-related dispositions by an executive and do not signal a change in company fundamentals or executive confidence.

Key Dates

Keywords

Chemung Financial Corp, CHMG, Insider Trading, Form 4, Stock Disposition, Tax Withholding, Executive Vice President, Chief Risk Officer