Susan R. Holliday of Financial Institutions (FISI) receives 1,282-share stock grant

Rhea-AI Filing Summary

HOLLIDAY SUSAN R reported acquisition or exercise transactions in this Form 4 filing.

FINANCIAL INSTITUTIONS INC director Susan R. Holliday reported an equity award and updated holdings of the company’s common stock. She received a grant of 1,282 shares at a stated price of $0.00 per share, increasing her direct ownership to 41,678 shares. A separate entry records 1,000 shares held indirectly in an IRA, reflecting an existing position rather than a new market trade.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider HOLLIDAY SUSAN R

Role null

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

Holdings After Transaction: Common Stock — 41,678 shares (Direct, null); Common Stock — 1,000 shares (Indirect, Held in IRA)

Footnotes (1)

Key Figures

Stock grant size: 1,282 shares Grant price per share: $0.00 per share Direct holdings after grant: 41,678 shares +2 more

5 metrics

Stock grant size 1,282 shares Common stock grant to director on 2026-05-20

Grant price per share $0.00 per share Reported value for the 1,282-share award

Direct holdings after grant 41,678 shares Common stock directly owned after acquisition

Indirect IRA holdings 1,000 shares Common stock held indirectly in IRA account

Acquire-type transactions 1 transaction Grant, award, or other acquisition recorded in summary

Key Terms

Grant, award, or other acquisition, Held in IRA, Common Stock, indirect

4 terms

Grant, award, or other acquisition financial

"transaction code description is listed as "Grant, award, or other acquisition""

Held in IRA financial

"nature of ownership for 1,000 common shares is described as "Held in IRA""

Common Stock financial

"security title for both reported positions is "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.

indirect financial

"ownership_type for the IRA position is categorized as "indirect""

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^*

HOLLIDAY SUSAN R

(Last) (First) (Middle)

220 LIBERTY STREET

(Street)

WARSAW NEW YORK 14569

(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	41,678	D
Common Stock								1,000	I	Held in IRA

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 Susan R. Holliday	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 Susan R. Holliday report at FINANCIAL INSTITUTIONS INC (FISI)?

Susan R. Holliday reported receiving a grant of 1,282 shares of FINANCIAL INSTITUTIONS INC common stock. This was recorded as a grant, award, or other acquisition rather than an open-market purchase, and it increased her direct holdings in the company.

How many FINANCIAL INSTITUTIONS INC (FISI) shares does Susan R. Holliday own after this Form 4?

After the reported grant, Susan R. Holliday directly holds 41,678 shares of FINANCIAL INSTITUTIONS INC common stock. In addition, a separate entry records 1,000 shares held indirectly in an IRA account, indicating both direct and indirect ownership positions in the company.

Was the FINANCIAL INSTITUTIONS INC (FISI) transaction an open-market buy or a stock grant?

The transaction was a stock grant, not an open-market buy. The Form 4 lists a transaction code of “A,” described as a grant, award, or other acquisition, with 1,282 shares acquired at a reported price of $0.00 per share as compensation-type equity.

What does the IRA entry mean in Susan R. Holliday’s FINANCIAL INSTITUTIONS INC (FISI) filing?

The IRA entry shows 1,000 shares of FINANCIAL INSTITUTIONS INC common stock held indirectly in an IRA. It is categorized as a “holding” entry, indicating existing indirect ownership recorded for disclosure purposes rather than a new purchase or sale transaction.

Does Susan R. Holliday’s Form 4 for FINANCIAL INSTITUTIONS INC (FISI) show any share sales?

The Form 4 does not report any share sales by Susan R. Holliday. It shows one acquisition of 1,282 shares as a grant, award, or other acquisition and one holding entry for 1,000 indirectly held shares, with no sale transactions disclosed.