Form 4: Tompkins Financial Corp Director Acquires Shares Through Dividend Reinvestment Plan

Sentiment:

SEC Form 4 Filing


Patricia A. Johnson, a director of Tompkins Financial Corp, acquired 285 shares of common stock through a dividend reinvestment plan at a price of $56.09 per share.

Summary

  • On October 4, 2024, Patricia A. Johnson, a director of Tompkins Financial Corp, acquired 285 shares of common stock.
  • The acquisition was made through a dividend reinvestment plan (DRIP).
  • The price per share was $56.09.
  • Following the transaction, Johnson beneficially owns 4,210.163 shares of Tompkins Financial Corp.
  • The shares were received in lieu of cash retainer fees pursuant to the Second Amended and Restated Retainer Plan for Eligible Directors of Tompkins Financial Corporation and its Wholly-Owned Subsidiaries.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The director's participation in the DRIP indicates confidence in the company, but the transaction itself is routine.

Positives

  • The director's participation in the DRIP demonstrates confidence in the company's future.

Future Outlook

NA

Industry Context

Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. DRIP participation is generally viewed positively.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
10/04/2024Date of transaction: Acquisition of 285 shares through DRIP
10/07/2024Date of signature on the Form 4 filing

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