Chemung Financial (CHMG) director buys 1,316 shares at $51.6353
Chemung Financial Corp (CHMG) director reported an insider purchase on a Form 4.
Rhea-AI Filing Summary
Chemung Financial Corp (CHMG) director reported an insider purchase on a Form 4. On 10/28/2025, the insider bought 1,316 shares of common stock (transaction code P) at an average price of $51.6353. Following the transaction, the insider’s direct beneficial ownership stands at 30,541.619 shares.
The filing notes that the reported balance includes dividends issued periodically under the Issuer’s Dividend Reinvestment Plan. The report was filed by one reporting person, reflecting a routine update to ownership records.
Positive
- None.
Negative
- None.
Insights
Routine insider buy; modest size, neutral signal.
A CHMG director reported buying 1,316 shares at $51.6353, lifting direct holdings to 30,541.619 shares. This is a standard Form 4 disclosure of an open-market purchase (code P), indicating additional personal exposure to the stock.
The position total includes periodic dividends from the company’s Dividend Reinvestment Plan, which can add fractional shares over time. There is no stated use of proceeds or corporate cash flow impact; this reflects a personal transaction.
Given the routine nature and limited size, the investment case impact appears limited. Future ownership updates will come through subsequent Forms 4 as transactions occur.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 1,316 | $51.6353 | $68K |
Footnotes (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 did Chemung Financial (CHMG) report in this Form 4?
Was the insider’s ownership direct or indirect?
What does transaction code P mean for CHMG’s Form 4?
How many reporting persons filed this Chemung Financial Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.