Form 4: Tompkins Financial CFO Acquires Restricted Stock

Tompkins Financial Corp's EVP, CFO & Treasurer, Matthew D. Tomazin, acquired 1,365 shares of common stock through a restricted stock grant.

Summary

• Matthew D. Tomazin, Executive Vice President, Chief Financial Officer, and Treasurer of Tompkins Financial Corp (TMP), acquired 1,365 shares of common stock.
• The transaction occurred on November 12, 2025, at a price of $67.79 per share.
• The acquisition was a restricted stock grant made pursuant to the Tompkins Financial Corporation 2019 Equity Incentive Plan.
• The restricted stock grant has a five-year vesting schedule: 0% vesting in year one and 25% vesting in years two through five.
• The grant will expire ten years from the date of the grant.
• Following this transaction, Matthew D. Tomazin directly beneficially owns 4,726.003 shares of common stock.
• Indirect beneficial ownership includes 829.1965 shares via a 401(k) plan and 355.0956 shares via an ESOP.

Sentiment

Score: 6

Explanation: The filing reports a routine executive compensation event (restricted stock grant), which is generally a neutral to slightly positive signal as it aligns management interests with shareholders over the long term.

Positives

• The restricted stock grant aligns the interests of the EVP, CFO & Treasurer with those of shareholders through equity ownership.
• The five-year vesting schedule encourages long-term commitment and performance from the executive.

Future Outlook

The restricted stock grant has a five-year vesting schedule, with 25% vesting annually from year two to year five, and an expiration date ten years from the grant date, indicating a long-term incentive structure.

Industry Context

Executive compensation through restricted stock grants is a common practice in the financial services industry, aiming to align executive incentives with long-term shareholder value creation and retention.

Related Party Transactions

• The transaction involves an executive (Matthew D. Tomazin) of Tompkins Financial Corp receiving restricted stock from the company, which constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The grant aligns the interests of a key executive with shareholders, potentially fostering long-term value creation.
• Employees: The existence of an equity incentive plan and ESOP indicates a broader strategy for employee ownership and engagement.

Next Steps

• The restricted stock will vest over a five-year period, with 25% vesting annually from year two to year five.

Key Dates

Keywords

Tompkins Financial Corp, TMP, Matthew D. Tomazin, Restricted Stock, Insider Transaction, Executive Compensation, Equity Incentive Plan, Form 4, Common Stock