Tompkins EVP awarded 730 shares; tax withholding
Tompkins Financial Corp executive David M. DeMilia reported compensation-related and small routine share movements in company stock.
Rhea-AI Filing Summary
Tompkins Financial Corp executive David M. DeMilia reported compensation-related and small routine share movements in company stock. On May 18, 2026, he received a grant of 730 common shares at $0.00 per share, increasing his direct holdings to 7,526.978 shares.
That same day, 264 shares were withheld for taxes at $84.18 per share, a non-market disposition tied to equity compensation. Earlier in 2026, he recorded several small acquisitions under Rule 16a-6, each around one share through the dividend reinvestment and stock purchase and sale plan. Indirect holdings include 2,100.7811 shares by ESOP and 163.4763 shares by 401(k).
Positive
- None.
Negative
- None.
Insider Trade Summary
8 transactions reported
Mixed
8 txns
Insider
DeMilia David M
Role
EVP, Pres of TCB Hudson Valley
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 730 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 264 | $84.18 | $22K |
| Small Acquisition | Common Stock | 1.208 | $82.75 | $99.96 |
| Small Acquisition | Common Stock | 1.183 | $84.50 | $99.96 |
| Small Acquisition | Common Stock | 1.342 | $74.4894 | $99.96 |
| Small Acquisition | Common Stock | 1.2 | $83.3209 | $99.99 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,262.978 shares (Direct);
Common Stock — 163.4763 shares (Indirect, By 401(k));
Common Stock — 2,100.7811 shares (Indirect, By ESOP)
Footnotes (3)
- F1. Optional cash purchase through Tompkins Financial Dividend Reinvestment and Stock Puchase and Sale Plan.
- F2. Each performance-based stock unit (PSU) represents the right to receive, following vesting, one share of Tompkins common stock. The number of shares of common stock acquired upon vesting of the PSUs is contingent upon the achievement of pre-established performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period beginning with the first day of the fiscal year of the grant date and ending on the last day of the fiscal year of the third anniversary of the grant date.
- F3. Shares withheld for taxes.
Key Figures
Stock award: 730 shares
Tax withholding shares: 264 shares
Direct holdings after award: 7,526.978 shares
+4 more
7 metrics
Stock award
730 shares
Grant of common stock at $0.00 per share on May 18, 2026
Tax withholding shares
264 shares
Shares withheld for taxes at $84.18 per share on May 18, 2026
Direct holdings after award
7,526.978 shares
Total direct common shares following May 18, 2026 grant
ESOP indirect holdings
2,100.7811 shares
Common stock held indirectly by ESOP as of February 13, 2026
401(k) indirect holdings
163.4763 shares
Common stock held indirectly by 401(k) as of February 13, 2026
Small Rule 16a-6 acquisition
1.3420 shares
Acquired at $74.4894 per share on March 12, 2026
Small Rule 16a-6 acquisition
1.2000 shares
Acquired at $83.3209 per share on February 13, 2026
Key Terms
performance-based stock unit (PSU), Rule 16a-6, Dividend Reinvestment and Stock Puchase and Sale Plan, ESOP, +1 more
5 terms
performance-based stock unit (PSU) financial
"Each performance-based stock unit (PSU) represents the right to receive..."
Rule 16a-6 regulatory
"Small acquisition under Rule 16a-6"
Dividend Reinvestment and Stock Puchase and Sale Plan financial
"Optional cash purchase through Tompkins Financial Dividend Reinvestment and Stock Puchase and Sale Plan."
ESOP financial
"nature_of_ownership: By ESOP"
An Employee Stock Ownership Plan (ESOP) is a program that gives employees ownership shares in their company, often as part of their benefits package. It acts like a company-sponsored savings plan, allowing workers to have a stake in the company's success, which can boost motivation and loyalty. For investors, ESOPs can influence company decisions and stock value, making them an important aspect of corporate ownership and governance.
401(k) financial
"nature_of_ownership: By 401(k)"
A 401(k) is a type of retirement savings plan offered by employers that allows workers to set aside a portion of their paycheck before taxes are taken out. The money saved in a 401(k) can grow over time through investments, helping individuals build funds for their future retirement. It matters to investors because it provides a tax-advantaged way to save and invest for long-term financial security.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TMP executive David M. DeMilia report in this Form 4?
David M. DeMilia reported a stock award and related tax withholding. He received 730 shares of Tompkins Financial common stock, while 264 shares were withheld to cover taxes, along with several very small dividend-reinvestment acquisitions.
What small acquisitions did DeMilia make under Rule 16a-6 for TMP?
DeMilia reported several small acquisitions under Rule 16a-6, each around one share. These include 1.3420 shares at $74.4894, 1.2000 shares at $83.3209, and similar amounts, largely connected to the company’s dividend reinvestment and stock purchase and sale plan.
What indirect Tompkins Financial (TMP) holdings are reported for DeMilia?
The filing lists 2,100.7811 shares held indirectly by an ESOP and 163.4763 shares held indirectly by a 401(k). These positions are in addition to his directly owned shares and are reported as indirect ownership interests tied to benefit plans.
AI-generated analysis. How Rhea-AI works. Not financial advice.
