Chemung Financial (CHMG) director Joseph Meade acquires 600 shares at $57.13
Rhea-AI Filing Summary
Chemung Financial Corp director reports stock acquisition. Director Joseph F. Meade IV acquired 600 shares of CHEMUNG FINANCIAL CORP common stock on
The reported ownership total includes additional fractional shares received as dividends through the company's Dividend Reinvestment Plan, which periodically issues dividend shares instead of cash.
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FAQ
What insider transaction did Chemung Financial Corp (CHMG) report in this Form 4?
The filing shows that director Joseph F. Meade IV acquired 600 shares of CHEMUNG FINANCIAL CORP common stock on
How many Chemung Financial Corp (CHMG) shares does the director own after this transaction?
After the reported acquisition, director Joseph F. Meade IV directly owns 4,391.5405 shares of CHEMUNG FINANCIAL CORP common stock.
What do the fractional Chemung Financial Corp (CHMG) shares in the Form 4 represent?
The fractional share amount is explained as including dividends issued periodically under CHEMUNG FINANCIAL CORP's Dividend Reinvestment Plan, which credits additional shares instead of paying all dividends in cash.
Is this Chemung Financial Corp (CHMG) Form 4 transaction direct or indirect ownership?
The filing reports the director's post-transaction holdings of 4,391.5405 shares as direct (D) ownership.
What role does the reporting person hold at Chemung Financial Corp (CHMG)?
The reporting person, Joseph F. Meade IV, is identified in the filing as a director of CHEMUNG FINANCIAL CORP.
Does the Chemung Financial Corp (CHMG) Form 4 mention a dividend reinvestment plan?
Yes. A footnote states that the reported holdings include dividends issued periodically under CHEMUNG FINANCIAL CORP's Dividend Reinvestment Plan.