Form 4: Tompkins Financial Corp Director Acquires Shares in Lieu of Cash Retainer

Director Angela B. Lee acquired 303 shares of Tompkins Financial Corp common stock at $63.3508 per share in lieu of a cash retainer, increasing her direct holdings.

Summary

• On April 4, 2025, Angela B. Lee, a director of Tompkins Financial Corp, acquired 303 shares of common stock.
• The shares were acquired in lieu of cash retainers at a price of $63.3508 per share.
• Following the transaction, Lee directly owns 589 shares of Tompkins Financial Corp common stock.
• Lee also holds 2,914.659 shares of phantom stock, representing deferred stock compensation.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard insider transaction. The director's decision to take shares instead of cash could be seen as a slightly positive signal.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future performance.

Industry Context

This is a routine disclosure of insider transactions, which are common in publicly traded companies. Directors often receive stock as part of their compensation.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a small acquisition of shares by a director.

Key Dates

Keywords

Tompkins Financial Corp, Director, Share Acquisition, Common Stock, Form 4, Insider Transaction, Phantom Stock, Deferred Compensation