Form 4: Financial Institutions Inc. Director Donald Boswell Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Donald Boswell reports acquisition and disposal of Financial Institutions Inc. common stock on June 5, 2024.
Summary
- On June 5, 2024, Donald Boswell, a director of Financial Institutions Inc., reported changes in his beneficial ownership of the company's common stock.
- Boswell acquired 2,001 shares at $0 and 428 shares at $17.49.
- Following these transactions, Boswell beneficially owns 14,215 shares of Financial Institutions Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Positives
- The director increased his holdings in the company.
Industry Context
Form 4 filings are standard practice for company insiders to report their transactions in the company's securities, providing transparency to the market.
Stakeholder Impact
- Shareholders are informed about the director's transactions in the company's stock.
Key Dates
| Date | Description |
|---|---|
| May 22, 2024 | Date of Limited Power of Attorney for Section 16 Reporting Obligations. |
| June 05, 2024 | Date of stock transactions (acquisition and disposal) by Donald Boswell. |
| June 07, 2024 | Date of signature on the Form 4 filing. |
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