FINANCIAL INSTITUTIONS INC (FISI) director granted 1,282 common shares, holds 2,643 total

Rhea-AI Filing Summary

Schrader Robert L. reported acquisition or exercise transactions in this Form 4 filing.

FINANCIAL INSTITUTIONS INC director Robert L. Schrader reported receiving a grant of 1,282 shares of Common Stock. The award was recorded at a price of $0.00 per share, indicating it was a compensation-related grant rather than a market purchase. Following this grant, Schrader directly holds 2,643 shares of the company’s common stock, showing a modest increase in his direct equity stake without any open-market buying or selling activity.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Schrader Robert L.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,282	$0.00	--

Holdings After Transaction: Common Stock — 2,643 shares (Direct, null)

Footnotes (1)

Key Figures

Shares granted: 1,282 shares Grant price: $0.00 per share Shares held after grant: 2,643 shares +1 more

4 metrics

Shares granted 1,282 shares Common Stock grant to director on May 20, 2026

Grant price $0.00 per share Recorded price for awarded Common Stock

Shares held after grant 2,643 shares Director’s direct Common Stock holdings following transaction

Transactions acquiring 1 transaction Non-derivative grant, award, or other acquisition

Key Terms

Form 4, Common Stock, grant, award, or other acquisition, non-derivative

4 terms

Form 4 regulatory

"FINANCIAL INSTITUTIONS INC director Robert L. Schrader reported the grant on a Form 4 filing."

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"The transaction involved 1,282 shares of Common Stock granted to the director."

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.

grant, award, or other acquisition financial

"The transaction code description states it is a grant, award, or other acquisition."

non-derivative financial

"The transaction is classified as non-derivative, meaning it directly involves Common Stock."

Form 4 Insider Transactions: What Each Field Means →

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^*

Schrader Robert L.

(Last) (First) (Middle)

220 LIBERTY STREET

(Street)

ROCHESTER NEW YORK 14618

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
FINANCIAL INSTITUTIONS INC [ FISI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

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	05/20/2026		A		1,282	A	$0	2,643	D

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:

	SANDRA L. BYERS By Power of Attorney from Robert L. Schrader	05/21/2026
	** 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)

FAQ

What insider transaction did FINANCIAL INSTITUTIONS INC (FISI) report for Robert L. Schrader?

FINANCIAL INSTITUTIONS INC reported that director Robert L. Schrader received a grant of 1,282 shares of Common Stock. This was a compensation-related award, not an open-market trade, and increased his directly held stake in the company.

Was the FISI insider transaction a stock purchase or a grant?

The FISI insider transaction was a grant, not a purchase. The Form 4 shows transaction code “A” and describes it as a grant, award, or other acquisition, with a price per share of $0.00, indicating equity compensation rather than a market buy.

How many FISI shares does Robert L. Schrader hold after the reported grant?

After the reported grant, Robert L. Schrader directly holds 2,643 shares of FINANCIAL INSTITUTIONS INC Common Stock. The Form 4 shows this figure as the total number of shares held following the non-derivative transaction on the reported date.

Does the FISI Form 4 show any insider stock sales by Robert L. Schrader?

The FISI Form 4 does not show any stock sales by Robert L. Schrader. It reports only one non-derivative transaction coded as a grant or award acquisition, with no disposal or sale transactions listed in the transaction summary.

What does transaction code “A” mean in the FISI Form 4 filing?

In the FISI Form 4, transaction code “A” indicates a grant, award, or other acquisition of securities. For Robert L. Schrader, it reflects 1,282 shares of Common Stock received as an award, recorded at $0.00 per share rather than a market price.

Is Robert L. Schrader’s FISI shareholding direct or indirect after this transaction?

After this transaction, Robert L. Schrader’s reported FISI shareholding is direct. The Form 4 lists the ownership type as direct with code “D,” and shows 2,643 Common Stock shares held directly following the grant transaction.