Form 4: Director Acquires Tompkins Financial Stock
Statement of Changes in Beneficial Ownership
Director Angela B. Lee acquired Tompkins Financial Corp. common stock through an in-lieu-of-cash retainer plan.
Summary
- Director Angela B. Lee acquired 219 shares of Tompkins Financial Corp. common stock on July 1, 2026.
- The acquisition was made in lieu of cash retainers as part of the company's Retainer Plan for Eligible Directors.
- The shares were acquired at a price of $95.92 per share.
- Following this transaction, Ms. Lee beneficially owns 1,994 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director stock acquisition through a compensation plan rather than a significant strategic event or financial performance indicator.
Positives
- Director Angela B. Lee has increased her direct beneficial ownership of Tompkins Financial Corp. common stock.
- The transaction indicates continued commitment and alignment of director compensation with company stock ownership.
Future Outlook
No specific future outlook or guidance is provided in this filing.
Industry Context
StockSavvy.ai notes that director stock acquisitions, especially through retainer plans, are common in the financial services industry as a mechanism to align executive and director interests with shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation Plan | Shares of common stock elected to be received by the reporting person in lieu of cash retainers pursuant to the Second Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries. | 07/01/2026 | Standard practice for director compensation, aligning director interests with company performance. |
Related Party Transactions
- Director Angela B. Lee received shares of common stock in lieu of cash retainers as part of the company's director retainer plan.
Stakeholder Impact
- Shareholders: Increased direct ownership by a director may signal confidence and alignment of interests.
- Employees: Indirect impact through director compensation alignment with company performance.
- Management: Reinforces existing compensation structures for directors.
Key Dates
| Date | Description |
|---|---|
| 07/01/2026 | Transaction Date (Acquisition of common stock) |
| 07/02/2026 | Date of Report/Signature |
Keywords
Tompkins Financial Corp, TMP, Form 4, Director, Stock Acquisition, Beneficial Ownership, Retainer Plan
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