STOCK TITAN

[Form 4] Chemung Financial Corp Insider Trading Activity

Filing Impact
(Neutral)
Filing Sentiment
(Positive)
Form Type
4
Rhea-AI Filing Summary

Form 4 highlights – Chemung Financial Corp. (CHMG): On 08/05/2025, Executive Vice President & Chief Information Officer Loren D. Cole purchased 2,983 common shares through a qualified plan at $50.10 each, for an estimated $149.8 k outlay. The transaction was made under a Rule 10b5-1 plan.

Following the buy, Cole’s indirect qualified-plan position rises to 9,331.251 shares. He also retains 5,742 shares directly and 105 shares via his spouse, bringing cumulative beneficial ownership to roughly 15,178 shares. No sales or derivative activities were reported.

The 47 % increase in his indirect stake by a senior officer is typically interpreted as an expression of confidence in CHMG’s prospects; however, investors should weigh this single purchase against broader fundamental and market factors.

Punti salienti del Modulo 4 – Chemung Financial Corp. (CHMG): Il 05/08/2025, il Vice Presidente Esecutivo e Chief Information Officer Loren D. Cole ha acquistato 2.983 azioni ordinarie tramite un piano qualificato al prezzo di 50,10 $ ciascuna, per una spesa stimata di circa 149,8 mila $. L’operazione è stata effettuata nell’ambito di un piano conforme alla Regola 10b5-1.

Dopo l’acquisto, la posizione indiretta di Cole nel piano qualificato sale a 9.331,251 azioni. Detiene inoltre 5.742 azioni direttamente e 105 azioni tramite sua moglie, portando la proprietà beneficiaria complessiva a circa 15.178 azioni. Non sono state segnalate vendite o operazioni su strumenti derivati.

L’aumento del 47% nella sua partecipazione indiretta da parte di un dirigente senior è generalmente interpretato come un segnale di fiducia nelle prospettive di CHMG; tuttavia, gli investitori dovrebbero considerare questo singolo acquisto nel contesto di fattori fondamentali e di mercato più ampi.

Aspectos destacados del Formulario 4 – Chemung Financial Corp. (CHMG): El 05/08/2025, el Vicepresidente Ejecutivo y Director de Información, Loren D. Cole, compró 2,983 acciones comunes a través de un plan calificado a $50.10 cada una, con un desembolso estimado de $149.8 mil. La transacción se realizó bajo un plan conforme a la Regla 10b5-1.

Tras la compra, la posición indirecta de Cole en el plan calificado aumenta a 9,331.251 acciones. También posee 5,742 acciones directamente y 105 acciones a través de su cónyuge, sumando una propiedad beneficiosa total de aproximadamente 15,178 acciones. No se reportaron ventas ni actividades con derivados.

El incremento del 47 % en su participación indirecta por parte de un alto ejecutivo suele interpretarse como una señal de confianza en las perspectivas de CHMG; sin embargo, los inversores deben evaluar esta única compra en el contexto de factores fundamentales y de mercado más amplios.

Form 4 주요 내용 – Chemung Financial Corp. (CHMG): 2025년 8월 5일, 부사장 겸 최고정보책임자(CIO) Loren D. Cole이 자격 있는 플랜을 통해 보통주 2,983주를 주당 $50.10에 매수하여 약 $149,800를 지출했습니다. 이 거래는 Rule 10b5-1 플랜에 따라 이루어졌습니다.

매수 후 Cole의 간접 자격 플랜 보유 주식은 9,331.251주로 증가했습니다. 그는 또한 직접 5,742주배우자를 통해 105주를 보유하고 있어 총 실질 소유 주식은 약 15,178주에 달합니다. 매도나 파생상품 거래는 보고되지 않았습니다.

고위 임원의 간접 지분 47% 증가는 일반적으로 CHMG의 전망에 대한 신뢰의 표현으로 해석되지만, 투자자들은 이 단일 매수를 더 넓은 기본적 및 시장 요인과 함께 고려해야 합니다.

Points clés du Formulaire 4 – Chemung Financial Corp. (CHMG) : Le 05/08/2025, le Vice-Président Exécutif et Directeur de l’Information Loren D. Cole a acheté 2 983 actions ordinaires via un plan qualifié au prix de 50,10 $ chacune, pour un investissement estimé à 149,8 k$. La transaction a été réalisée dans le cadre d’un plan conforme à la règle 10b5-1.

Après cet achat, la position indirecte de Cole dans le plan qualifié s’élève à 9 331,251 actions. Il détient également 5 742 actions directement et 105 actions via son conjoint, portant la propriété bénéficiaire cumulée à environ 15 178 actions. Aucune vente ni activité sur dérivés n’a été signalée.

Cette augmentation de 47 % de sa participation indirecte par un cadre supérieur est généralement interprétée comme un signe de confiance dans les perspectives de CHMG ; toutefois, les investisseurs devraient considérer cet achat unique à la lumière de facteurs fondamentaux et de marché plus larges.

Formular 4 Highlights – Chemung Financial Corp. (CHMG): Am 05.08.2025 kaufte Executive Vice President und Chief Information Officer Loren D. Cole 2.983 Stammaktien über einen qualifizierten Plan zum Preis von 50,10 $ pro Aktie, mit einem geschätzten Aufwand von 149,8 Tsd. $. Die Transaktion erfolgte im Rahmen eines Rule 10b5-1 Plans.

Nach dem Kauf steigt Coles indirekte Position im qualifizierten Plan auf 9.331,251 Aktien. Er hält außerdem 5.742 Aktien direkt und 105 Aktien über seine Ehefrau, was eine kumulierte wirtschaftliche Eigentümerschaft von etwa 15.178 Aktien ergibt. Verkäufe oder Derivataktivitäten wurden nicht gemeldet.

Die 47 %ige Erhöhung seines indirekten Anteils durch einen leitenden Angestellten wird üblicherweise als Vertrauensbeweis in die Aussichten von CHMG gewertet; Investoren sollten diesen einzelnen Kauf jedoch im Kontext umfassender fundamentaler und marktbezogener Faktoren betrachten.

Positive
  • Senior officer purchase: EVP & CIO bought 2,983 shares, increasing indirect holdings by 47 %.
  • Monetary commitment: ~$149.8 k cash outlay at market price indicates insider confidence.
  • No offsetting sales: Filing shows only acquisitions, no disposals or derivative hedges.
Negative
  • None.

Insights

TL;DR: Senior officer’s $150 k buy lifts total stake ~47 %; positive insider signal, modest absolute size vs. float.

Insider purchases by C-suite members often precede favorable fundamental trends. Cole’s acquisition increases indirect holdings to 9.3 k shares, suggesting confidence while aligning incentives with shareholders. The buy equates to ~0.3 % of daily volume, so market impact is minimal but directionally positive. No offsets from derivative sales were disclosed, reinforcing the constructive tone.

TL;DR: Incremental but clear insider accumulation; supports bullish sentiment, yet immaterial to valuation alone.

The $50.10 purchase price sits near recent trading levels, implying no deep-value signal but shows willingness to add at market. As EVP & CIO, Cole has visibility into tech and operations; his buy under a 10b5-1 plan reduces timing risk concerns. Still, the share count is small relative to CHMG’s 4 m share float, limiting direct EPS effect. I classify the filing as directionally positive but not materially transformative.

Punti salienti del Modulo 4 – Chemung Financial Corp. (CHMG): Il 05/08/2025, il Vice Presidente Esecutivo e Chief Information Officer Loren D. Cole ha acquistato 2.983 azioni ordinarie tramite un piano qualificato al prezzo di 50,10 $ ciascuna, per una spesa stimata di circa 149,8 mila $. L’operazione è stata effettuata nell’ambito di un piano conforme alla Regola 10b5-1.

Dopo l’acquisto, la posizione indiretta di Cole nel piano qualificato sale a 9.331,251 azioni. Detiene inoltre 5.742 azioni direttamente e 105 azioni tramite sua moglie, portando la proprietà beneficiaria complessiva a circa 15.178 azioni. Non sono state segnalate vendite o operazioni su strumenti derivati.

L’aumento del 47% nella sua partecipazione indiretta da parte di un dirigente senior è generalmente interpretato come un segnale di fiducia nelle prospettive di CHMG; tuttavia, gli investitori dovrebbero considerare questo singolo acquisto nel contesto di fattori fondamentali e di mercato più ampi.

Aspectos destacados del Formulario 4 – Chemung Financial Corp. (CHMG): El 05/08/2025, el Vicepresidente Ejecutivo y Director de Información, Loren D. Cole, compró 2,983 acciones comunes a través de un plan calificado a $50.10 cada una, con un desembolso estimado de $149.8 mil. La transacción se realizó bajo un plan conforme a la Regla 10b5-1.

Tras la compra, la posición indirecta de Cole en el plan calificado aumenta a 9,331.251 acciones. También posee 5,742 acciones directamente y 105 acciones a través de su cónyuge, sumando una propiedad beneficiosa total de aproximadamente 15,178 acciones. No se reportaron ventas ni actividades con derivados.

El incremento del 47 % en su participación indirecta por parte de un alto ejecutivo suele interpretarse como una señal de confianza en las perspectivas de CHMG; sin embargo, los inversores deben evaluar esta única compra en el contexto de factores fundamentales y de mercado más amplios.

Form 4 주요 내용 – Chemung Financial Corp. (CHMG): 2025년 8월 5일, 부사장 겸 최고정보책임자(CIO) Loren D. Cole이 자격 있는 플랜을 통해 보통주 2,983주를 주당 $50.10에 매수하여 약 $149,800를 지출했습니다. 이 거래는 Rule 10b5-1 플랜에 따라 이루어졌습니다.

매수 후 Cole의 간접 자격 플랜 보유 주식은 9,331.251주로 증가했습니다. 그는 또한 직접 5,742주배우자를 통해 105주를 보유하고 있어 총 실질 소유 주식은 약 15,178주에 달합니다. 매도나 파생상품 거래는 보고되지 않았습니다.

고위 임원의 간접 지분 47% 증가는 일반적으로 CHMG의 전망에 대한 신뢰의 표현으로 해석되지만, 투자자들은 이 단일 매수를 더 넓은 기본적 및 시장 요인과 함께 고려해야 합니다.

Points clés du Formulaire 4 – Chemung Financial Corp. (CHMG) : Le 05/08/2025, le Vice-Président Exécutif et Directeur de l’Information Loren D. Cole a acheté 2 983 actions ordinaires via un plan qualifié au prix de 50,10 $ chacune, pour un investissement estimé à 149,8 k$. La transaction a été réalisée dans le cadre d’un plan conforme à la règle 10b5-1.

Après cet achat, la position indirecte de Cole dans le plan qualifié s’élève à 9 331,251 actions. Il détient également 5 742 actions directement et 105 actions via son conjoint, portant la propriété bénéficiaire cumulée à environ 15 178 actions. Aucune vente ni activité sur dérivés n’a été signalée.

Cette augmentation de 47 % de sa participation indirecte par un cadre supérieur est généralement interprétée comme un signe de confiance dans les perspectives de CHMG ; toutefois, les investisseurs devraient considérer cet achat unique à la lumière de facteurs fondamentaux et de marché plus larges.

Formular 4 Highlights – Chemung Financial Corp. (CHMG): Am 05.08.2025 kaufte Executive Vice President und Chief Information Officer Loren D. Cole 2.983 Stammaktien über einen qualifizierten Plan zum Preis von 50,10 $ pro Aktie, mit einem geschätzten Aufwand von 149,8 Tsd. $. Die Transaktion erfolgte im Rahmen eines Rule 10b5-1 Plans.

Nach dem Kauf steigt Coles indirekte Position im qualifizierten Plan auf 9.331,251 Aktien. Er hält außerdem 5.742 Aktien direkt und 105 Aktien über seine Ehefrau, was eine kumulierte wirtschaftliche Eigentümerschaft von etwa 15.178 Aktien ergibt. Verkäufe oder Derivataktivitäten wurden nicht gemeldet.

Die 47 %ige Erhöhung seines indirekten Anteils durch einen leitenden Angestellten wird üblicherweise als Vertrauensbeweis in die Aussichten von CHMG gewertet; Investoren sollten diesen einzelnen Kauf jedoch im Kontext umfassender fundamentaler und marktbezogener Faktoren betrachten.

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 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)
EVP & CIO
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025
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 08/05/2025 P 2,983 A $50.1 9,331.251(1) I By Qualified Plan
COMMON STOCK 5,742 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 E. Cook, Attorney in Fact, Pursuant to Power of Attorney dated 6/25/2025 08/05/2025
** 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.

FAQ

What insider transaction did CHMG report on 08/05/2025?

EVP & CIO Loren D. Cole bought 2,983 common shares of Chemung Financial at $50.10 via a qualified plan.

How many Chemung Financial shares does Loren D. Cole own after the transaction?

His total beneficial ownership is about 15,178 shares (9,331.251 indirect, 5,742 direct, 105 spouse).

What was the total dollar value of the insider purchase?

Approximately $149,800 (2,983 shares × $50.10).

Were any derivative securities included in this Form 4 filing?

No; Table II shows no derivative acquisitions or dispositions.

Was the purchase executed under a Rule 10b5-1 plan?

Yes, the form indicates the transaction was made under a Rule 10b5-1(c) trading plan.

Does the filing report any share sales by the insider?

None; the filing lists only a purchase of common stock.
Chemung Financia

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