Form 4: Director Patricia Johnson Increases Stake in Tompkins
Statement of Changes in Beneficial Ownership
Director Patricia A. Johnson acquired 226 shares of Tompkins Financial Corporation common stock via a retainer plan.
Summary
- Director Patricia A. Johnson acquired 226 shares of Tompkins Financial Corporation (TMP) common stock.
- The transaction occurred on April 6, 2026, at a price of $80.0904 per share.
- The acquisition was made in lieu of cash retainer fees under the company's director retainer plan.
- Following this transaction, the director's total beneficial ownership is 6,778.637 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Demonstrates alignment of interest between the director and shareholders through equity-based compensation.
- Reflects confidence in the company's long-term value by opting for stock over cash.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine disclosure of director compensation.
Industry Context
StockSavvy.ai notes that director participation in equity-based retainer plans is a standard corporate governance practice in the regional banking sector, signaling board commitment to company performance.
Comparison to Industry Standards
- The use of stock-in-lieu-of-cash for director retainers is a common practice among U.S. regional banks to preserve cash and align incentives.
- The transaction size is consistent with standard director compensation structures for a company of Tompkins Financial's market capitalization.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Director Compensation | Director elected to receive common stock in lieu of cash retainer fees. | 04/06/2026 | Neutral; aligns director interests with shareholders. |
Stakeholder Impact
- Shareholders: Positive signal of director confidence.
Next Steps
- None.
Key Dates
| Date | Description |
|---|---|
| 04/06/2026 | Date of the transaction and filing signature. |
Keywords
Tompkins Financial, TMP, Insider Trading, Director Compensation, Equity Ownership
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