Form 4: Director Janet Coletti Acquires Tompkins Financial Stock

Director Janet M. Coletti acquired 24.347 shares of phantom stock in Tompkins Financial Corp as part of a deferred compensation plan.

Summary

• Director Janet M. Coletti acquired 24.347 shares of phantom stock on April 2, 2026.
• The shares were acquired at a price of $80.0904 per share.
• The transaction represents deferred stock compensation under the company's Retainer Plan for Eligible Directors.
• Following this transaction, the reporting person holds a total of 748.489 shares of phantom stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.

Positives

• Director participation in deferred stock compensation plans aligns management interests with long-term shareholder value.

Negatives

• None identified.

Risks

• Phantom stock is subject to the terms of the Retainer Plan and is held in a rabbi trust, meaning the director has no voting or investment power over these shares until distribution.

Future Outlook

Not applicable as this is a routine director compensation disclosure.

Industry Context

StockSavvy.ai notes that director compensation via deferred stock plans is a standard corporate governance practice in the regional banking sector to ensure board members maintain a vested interest in company performance.

Comparison to Industry Standards

• The use of phantom stock for director compensation is consistent with standard practices among regional financial institutions to defer tax liabilities and align interests.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation-related transaction.

Next Steps

• No future actions required by the reporting person beyond standard plan participation.

Key Dates

Keywords

Tompkins Financial, TMP, Insider Trading, Form 4, Director Compensation, Phantom Stock