Form 4: Financial Institutions Inc. Director Latella Reports Transactions in Company Stock
SEC Form 4 Filing
Director Robert N. Latella reports acquisition and disposal of Financial Institutions Inc. (FISI) common stock.
Summary
- On June 5, 2024, Robert N. Latella, a director of Financial Institutions Inc. (FISI), reported transactions involving the company's common stock.
- Latella acquired 2,001 shares at $0 and 428 shares at $17.49.
- Following these transactions, Latella directly owns 29,926 shares of FISI common stock and indirectly owns 12,000 shares held in an IRA.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
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 Robert N. Latella. |
| June 07, 2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.