Director at Chemung Financial (NASDAQ: CHMG) sells 788 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chemung Financial Corp director Thomas R. Tyrrell reported selling 788 shares of common stock in open-market transactions. The sales occurred on April 27, 2026, with 540 shares sold at $65.10 per share and 248 shares sold at $65.83 per share. All transactions involved directly owned common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 788 shares ($51,480)
Net Sell
2 txns
Insider
Tyrrell Thomas R.
Role
null
Sold
788 shs ($51K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 248 | $65.83 | $16K |
| Sale | COMMON STOCK | 540 | $65.10 | $35K |
Holdings After Transaction:
COMMON STOCK — 8,590.169 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold (first trade): 540 shares
Price per share (first trade): $65.10/share
Shares sold (second trade): 248 shares
+2 more
5 metrics
Shares sold (first trade)
540 shares
Open-market sale of common stock at $65.10 on April 27, 2026
Price per share (first trade)
$65.10/share
Open-market sale of 540 common shares
Shares sold (second trade)
248 shares
Open-market sale of common stock at $65.83 on April 27, 2026
Price per share (second trade)
$65.83/share
Open-market sale of 248 common shares
Total shares sold
788 shares
Sum of two open-market sales reported in the Form 4
Key Terms
open-market sale, non-derivative, COMMON STOCK, transaction code
4 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
non-derivative financial
"transaction_type: "non-derivative""
COMMON STOCK financial
"security_title: "COMMON STOCK""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
transaction code regulatory
"transaction_code: "S""
FAQ
What insider transaction did Chemung Financial (CHMG) disclose in this Form 4?
Chemung Financial disclosed that director Thomas R. Tyrrell sold 788 shares of common stock. The Form 4 shows two open-market sales on April 27, 2026, reflecting routine insider trading activity reported to the SEC for transparency and compliance purposes.
Was the Chemung Financial (CHMG) insider transaction a buy or a sell?
The insider transaction was a sell. Director Thomas R. Tyrrell executed two open-market sale transactions of Chemung Financial common stock, totaling 788 shares, as reported in the Form 4 filed for trading activity dated April 27, 2026.
What type of security did the Chemung Financial (CHMG) director trade?
The director traded Chemung Financial common stock. Both reported transactions in the Form 4 involve non-derivative common shares, sold directly in the open market, rather than options, warrants, or other derivative securities linked to the company’s equity.
How many separate transactions are reported in this Chemung Financial (CHMG) Form 4?
The Form 4 reports two separate transactions. Both are non-derivative open-market sales of Chemung Financial common stock by director Thomas R. Tyrrell, one for 540 shares and another for 248 shares, each at different sale prices on April 27, 2026.