Form 4: Financial Institutions Inc. Director Mark Zupan Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Mark Zupan reports acquisition and disposal of Financial Institutions Inc. common stock.
Summary
- On June 5, 2024, Mark Zupan, a director of Financial Institutions Inc., reported acquiring 2,001 shares of common stock at $0 and 392 shares at $17.49.
- Zupan also disposed of 2,001 shares on the same day.
- Following these transactions, Zupan beneficially owns 9,417 shares of Financial Institutions Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company director, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
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 acquisition and disposal transactions. |
| June 07, 2024 | Date of signature on the Form 4 filing. |
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