4/A: Financial Institutions Inc. Executive Eric W. Marks Corrects Restricted Stock Unit Grant Date in Amended SEC Filing

Eric W. Marks, Chief Consumer Banking Officer of Financial Institutions Inc., files an amendment to a previous SEC Form 4 to correct the grant date of a restricted stock unit award.

Summary

• This is an amendment to a previous SEC Form 4 filing by Eric W. Marks, Chief Consumer Banking Officer of Financial Institutions Inc. (FISI).
• The purpose of the amendment is to correct the grant date of a restricted stock unit (RSU) award.
• The original filing, dated March 27, 2025, and subsequently amended on April 3, 2025, contained an incorrect grant date.
• The corrected grant date for the 2,500 restricted stock units is March 6, 2025.
• Each RSU represents a contingent right to receive one share of FISI common stock, exercisable on March 3, 2028, and expiring on March 3, 2028.

Sentiment

Score: 7

Explanation: The document is a routine correction of a clerical error in an SEC filing, indicating standard corporate governance practices. There is no indication of financial distress or other negative factors.

Industry Context

This filing is a routine disclosure related to executive compensation and is required by the SEC to ensure transparency in insider transactions.

Stakeholder Impact

• The correction of the grant date ensures accurate reporting of executive compensation, which is important for shareholder transparency.

Key Dates

Keywords

SEC Filing, Form 4, Amendment, Restricted Stock Units, FISI, Financial Institutions Inc., Eric W. Marks, Executive Compensation