Form 4: Director Trades at Chemung Financial Corp
Statement of Changes in Beneficial Ownership
Thomas R. Tyrrell, a Director at Chemung Financial Corp, reported transactions involving the purchase of common stock.
Summary
- Director Thomas R. Tyrrell of Chemung Financial Corp executed transactions on April 27, 2026.
- These transactions involved the acquisition of common stock.
- Specifically, 248 shares were acquired at a price of $65.83 per share, and 540 shares were acquired at $65.10 per share.
- Following these transactions, Tyrrell beneficially owns 8,590.169 shares directly and 8,050.169 shares directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents routine insider transactions without explicit positive or negative company performance indicators.
Positives
- Director's personal investment in the company's stock, indicating confidence in its future prospects.
- Acquisition of shares at prices reflecting current market valuation.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and reflect individual investment decisions rather than company-wide strategic updates. Such transactions can sometimes signal confidence or a lack thereof from key personnel.
Stakeholder Impact
- Shareholders may view the director's purchase of stock as a positive signal of confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 04/27/2026 | Transaction Date for acquisition of common stock by Director Thomas R. Tyrrell. |
| 06/25/2025 | Date of Power of Attorney granted to Kathleen S. McKillip. |
Keywords
Form 4, SEC Filing, Insider Trading, Director Transaction, Chemung Financial Corp, CHMG, Common Stock, Beneficial Ownership
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