Chemung Financial exec granted 1,267 shares

Chemung Financial Corp reported that Daniel D. Fariello, President of its Capital Bank Division, acquired 1,267 shares of common stock on a grant or award basis at a reference price of $59.24 per share.

Rhea-AI Filing Summary

Chemung Financial Corp reported that Daniel D. Fariello, President of its Capital Bank Division, acquired 1,267 shares of common stock on a grant or award basis at a reference price of $59.24 per share. Following this award, his directly held stake increased to 8,377 shares.

He also has 1,842.645 shares held indirectly through a qualified plan, which includes dividends periodically issued under the company’s dividend reinvestment plan. This filing reflects equity-based compensation rather than an open-market purchase or sale.

Insider Trade Summary

Grant/Award: 1,267 shares

Grant/Award 2 txns

Insider Fariello Daniel D

Role President, Capital Bank Div.

Type	Security	Shares	Price	Value
Grant/Award	COMMON STOCK	1,267	$59.24	$75K
holding	COMMON STOCK	--	--	--

Holdings After Transaction: COMMON STOCK — 8,377 shares (Direct); COMMON STOCK — 1,842.645 shares (Indirect, By Qualified Plan)

Footnotes (1)

1. F1. Includes dividends issued periodically under the Issuer's Dividend Reinvestment Plan.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did CHEMUNG FINANCIAL CORP (CHMG) report?

Chemung Financial reported an equity award to executive Daniel D. Fariello of 1,267 common shares. The transaction was coded as a grant or other acquisition, reflecting compensation rather than an open-market trade, and increased his directly held ownership in the company.

How many CHMG shares did Daniel D. Fariello acquire in this Form 4?

Daniel D. Fariello acquired 1,267 shares of Chemung Financial common stock. The shares were reported as a grant or award at a reference price of $59.24, increasing his directly owned holdings as part of his compensation rather than through a market purchase.

What is Daniel D. Fariello’s total direct share ownership in CHMG after the award?

After the 1,267-share grant, Daniel D. Fariello directly owns 8,377 shares of Chemung Financial. This total reflects his updated direct stake following the reported equity award and helps investors understand his ongoing ownership alignment with the company’s performance.

Does Daniel D. Fariello have indirect ownership in CHMG through a plan?

Yes. The filing shows 1,842.645 Chemung Financial shares held indirectly through a qualified plan. A footnote states this amount includes dividends issued periodically under the issuer’s dividend reinvestment plan, indicating additional exposure through retirement or benefit-related holdings.

Was the CHMG insider transaction an open-market buy or a compensation grant?

The transaction was a compensation grant, not an open-market buy. It is coded as a grant, award, or other acquisition, indicating the 1,267 Chemung Financial shares were issued as part of Daniel D. Fariello’s compensation rather than purchased in the public market.

Who is the insider involved in the latest CHMG Form 4 filing?

The insider is Daniel D. Fariello, who serves as President of Chemung Financial’s Capital Bank Division. The Form 4 details his acquisition of 1,267 common shares via an equity award, along with his updated direct and indirect ownership positions in the company.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/19/2026 - 12:33 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fariello Daniel D

(Last) (First) (Middle)

ONE CHEMUNG CANAL PLAZA

PO BOX 1522

(Street)

ELMIRA NY 14902-1522

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CHEMUNG FINANCIAL CORP [ CHMG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Capital Bank Div.

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	02/17/2026		A		1,267	A	$59.24	8,377	D
COMMON STOCK								1,842.645(1)	I	By Qualified Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes dividends issued periodically under the Issuer's Dividend Reinvestment Plan.

Remarks:

	Kathleen E. Cook, Attorney-in-Fact, pursuant to Power of Attorney dated July 16, 2025	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.