Form 4: Director Johnson Boosts Tompkins Financial Stake
Insider Transaction Report
Tompkins Financial Director Patricia A. Johnson acquired 251 shares of common stock through a dividend reinvestment plan in lieu of cash retainer fees.
Summary
- Patricia A. Johnson, a Director of Tompkins Financial Corporation, acquired 251 shares of common stock.
- The acquisition occurred on January 6, 2026, at a price of $72.2014 per share.
- These shares were received in lieu of cash retainer fees, as per the company's Second Amended and Restated Retainer Plan for Eligible Directors.
- Following this transaction, Ms. Johnson directly beneficially owns 6,498.38 shares of Tompkins Financial Corporation common stock.
Sentiment
Score: 7
Explanation: The acquisition of additional shares by a director, even as part of a compensation plan, generally indicates confidence in the company's long-term prospects.
Positives
- A director increasing their stake in the company can signal confidence in its future performance.
- The acquisition was part of a pre-existing plan (Dividend Reinvestment Plan), indicating a systematic approach to compensation and investment that aligns director interests with shareholders.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Plan Related Transaction | Director Patricia A. Johnson received common stock in lieu of cash retainer fees as per the Second Amended and Restated Retainer Plan for Eligible Directors. | 01/06/2026 | Reinforces alignment of director interests with shareholders through equity compensation. |
Related Party Transactions
- Director Patricia A. Johnson acquired 251 shares of Tompkins Financial Corporation common stock in lieu of cash retainer fees, pursuant to the company's director compensation plan.
Stakeholder Impact
- Shareholders: Potential positive signal of director confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 01/06/2026 | Transaction Date for common stock acquisition. |
| 01/07/2026 | Signature Date of the reporting person. |
Recommendation
holdWhile a director increasing their stake is generally a positive signal, this transaction is part of a routine compensation plan (Dividend Reinvestment Plan) and involves a relatively small number of shares. It does not provide sufficient new information to warrant a change from a 'hold' position, but it reinforces the alignment of director and shareholder interests.
Keywords
Tompkins Financial Corp, TMP, Insider Trading, Form 4, Director Stock Acquisition, Equity Compensation, Dividend Reinvestment Plan
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