Form 4: Tompkins Financial Corp Executive Bonita N. Lindberg Reports Stock Forfeiture

Bonita N. Lindberg, SVP, Human Resource Director at Tompkins Financial Corp, reported the forfeiture of 4,099 shares of common stock due to retirement.

Summary

• On May 3, 2024, Bonita N. Lindberg, SVP, Human Resource Director at Tompkins Financial Corp, reported a transaction involving the forfeiture of 4,099 shares of common stock.
• The forfeiture was due to retirement.
• Following the transaction, Lindberg directly owns 4,805.443 shares of common stock and indirectly owns 649.9166 shares through a 401(K) ESOP.
• Lindberg also holds Stock Appreciation Rights (SARs) for 802 shares of common stock, granted on November 9, 2016, which vest over five years and expire ten years from the grant date.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock forfeiture due to retirement. It doesn't inherently indicate positive or negative sentiment regarding the company's performance.

Negatives

• Bonita N. Lindberg forfeited 4,099 shares of common stock.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company executives.

Stakeholder Impact

• The forfeiture of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to be significant.

Key Dates