Chemung Financial insider sells 5,160 shares

Chemung Financial’s EVP & CIO reported an open-market sale of 5,160 CHMG shares held through a qualified plan and updated total direct and indirect holdings.

Rhea-AI Filing Summary

CHEMUNG FINANCIAL CORP (CHMG) executive vice president and chief information officer Loren D. Cole reported selling 5,160 shares of common stock on September 16, 2026 in an open-market or private transaction at $83.4975 per share, through an indirect holding in a Qualified Plan.

After this sale, indirect Qualified Plan holdings were 5,164.03 shares, which include dividends issued periodically under the issuer's Dividend Reinvestment Plan. Cole also reported 6,398 shares held directly and 105 shares held indirectly by a spouse. No Rule 10b5-1 trading plan is reported for these transactions.

Insider Trade Summary

Net Seller: 5,160 shares

Net Sell 3 txns

Insider COLE LOREN D

Role EVP & CIO

Sold 5,160 shs ($431K)

Type	Security	Shares	Price	Value
Sale	COMMON STOCK F1	5,160	$83.4975	$431K
holding	COMMON STOCK	--	--	--
holding	COMMON STOCK	--	--	--

Holdings After Transaction: COMMON STOCK — 5,164.03 shares (Indirect, By Qualified Plan); COMMON STOCK — 6,398 shares (Direct); COMMON STOCK — 105 shares (Indirect, By Spouse)

Footnotes (1)

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

Key Figures

Shares sold: 5,160 shares Sale price per share: $83.4975 per share Indirect Qualified Plan holdings after sale: 5,164.03 shares +2 more

5 metrics

Shares sold 5,160 shares Sale of CHEMUNG FINANCIAL CORP common stock on September 16, 2026

Sale price per share $83.4975 per share Open-market or private transaction on September 16, 2026

Indirect Qualified Plan holdings after sale 5,164.03 shares Indirect ownership by Qualified Plan after September 16, 2026 sale

Direct holdings after transactions 6,398 shares Common stock held directly by Loren D. Cole after reported transactions

Spouse indirect holdings after transactions 105 shares Common stock held indirectly by spouse after reported transactions

Key Terms

Qualified Plan, Dividend Reinvestment Plan, indirect ownership

3 terms

Qualified Plan financial

"through an indirect holding in a Qualified Plan"

Dividend Reinvestment Plan financial

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

A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.

indirect ownership financial

"held indirectly by a spouse"

FAQ

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

What insider transaction did CHMG executive Loren D. Cole report?

Loren D. Cole reported a sale of 5,160 shares of CHEMUNG FINANCIAL CORP common stock on September 16, 2026, executed as an open-market or private transaction through an indirect holding in a Qualified Plan at $83.4975 per share.

How many CHMG shares does Loren D. Cole hold directly after this Form 4?

After the reported transactions, Loren D. Cole holds 6,398 shares of CHEMUNG FINANCIAL CORP common stock directly, in addition to indirect holdings through a Qualified Plan and shares held by a spouse.

What are Loren D. Cole’s indirect CHMG holdings in the qualified plan after the sale?

Following the sale, the Qualified Plan associated with Loren D. Cole holds 5,164.03 CHMG shares. This amount includes dividends issued periodically under the issuer’s Dividend Reinvestment Plan.

How many CHMG shares are reported as held by Loren D. Cole’s spouse?

The Form 4 shows 105 CHMG shares of common stock held indirectly by a spouse after the transactions on September 16, 2026, in addition to Cole’s direct and Qualified Plan holdings.

Was the CHMG insider sale by Loren D. Cole under a Rule 10b5-1 trading plan?

No. The filing indicates that no Rule 10b5-1 trading plan is reported for Loren D. Cole’s sale of 5,160 CHMG shares on September 16, 2026.

What total CHMG holdings does Loren D. Cole report across all forms of ownership?

Post-transaction, Loren D. Cole reports 6,398 shares held directly, 5,164.03 shares held indirectly through a Qualified Plan, and 105 shares held indirectly by a spouse.

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

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Available on EDGAR 09/17/2026 - 10:23 AM Accepted by SEC EDGAR 09/17/2026 - 10:22 AM 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^*

COLE LOREN D

(Last) (First) (Middle)

ONE CHEMUNG CANAL PLAZA

PO BOX 1522

(Street)

ELMIRA NEW YORK 14902-1522

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP & CIO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/16/2026

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

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

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

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	09/16/2026		S		5,160	D	$83.4975	5,164.03(1)	I	By Qualified Plan
COMMON STOCK								6,398	D
COMMON STOCK								105	I	By Spouse

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 S. McKillip, Attorney-in-Fact, pursuant to Power of Attorney dated 6/25/2025	09/17/2026
	** 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.
* Form 4: SEC 1474 (03-26)