Form 4: Tompkins Financial Corp Director Acquires Shares Through Dividend Reinvestment Plan
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
| Date | Description |
|---|---|
| 10/04/2024 | Date of transaction: Acquisition of 285 shares through DRIP |
| 10/07/2024 | Date of signature on the Form 4 filing |
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