Tompkins Financial exec gets stock award
Tompkins Financial Corp executive Ginger G. Kunkel reported compensation-related stock activity.
Rhea-AI Filing Summary
Tompkins Financial Corp executive Ginger G. Kunkel reported compensation-related stock activity. She acquired 730 shares of common stock as a grant or award, then had 201 shares withheld at $84.18 per share to cover tax obligations.
After these transactions, she directly holds 5,874.413 shares of Tompkins common stock. She also has an additional 214.4988 shares reported as indirect ownership through an ESOP. These events reflect routine equity compensation and related tax withholding, not open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kunkel Ginger G
Role
President TCB Pennsylvania
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 730 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 201 | $84.18 | $17K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 5,874.413 shares (Direct);
Common Stock — 214.4988 shares (Indirect, ESOP)
Footnotes (2)
- F1. 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.
- F2. Shares withheld for taxes.
Key Figures
Stock grant: 730 shares
Tax withholding shares: 201 shares
Tax withholding price: $84.18 per share
+3 more
6 metrics
Stock grant
730 shares
Common Stock grant/award acquisition on May 18, 2026
Tax withholding shares
201 shares
Shares withheld for taxes at $84.18 per share
Tax withholding price
$84.18 per share
Value assigned to 201 withheld shares
Direct holdings after transactions
6,075.413 shares
Direct Tompkins common stock holdings following the Form 4 transactions
Indirect ESOP holdings
214.4988 shares
Indirect Tompkins common stock ownership through an ESOP as of May 18, 2026
Net shares from grant and tax
529 shares
Difference between 730-share grant and 201-share tax withholding
Key Terms
performance-based stock unit (PSU), tax-withholding disposition, Grant, award, or other acquisition, ESOP, +1 more
5 terms
performance-based stock unit (PSU) financial
"Each performance-based stock unit (PSU) represents the right to receive, following vesting, one share of Tompkins common stock."
tax-withholding disposition financial
"transaction_action: tax-withholding disposition for 201.0000 shares of Common Stock."
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition for 730.0000 shares of Common Stock."
ESOP financial
"nature_of_ownership: ESOP for 214.4988 shares reported as indirect ownership."
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.
Compensation Committee financial
"performance metrics, as approved by the Company's Compensation Committee, over a three-year performance period."
A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Ginger G. Kunkel report in this Tompkins Financial (TMP) Form 4?
Ginger G. Kunkel reported a stock grant and related tax withholding. She received 730 Tompkins common shares as a grant, and 201 shares were withheld at $84.18 each to satisfy tax obligations tied to the equity award.
Was Ginger Kunkel’s Tompkins Financial transaction a market sale or purchase?
The filing shows no open-market sale or purchase. She received 730 shares as a grant or award, while 201 shares were disposed of solely to cover tax liabilities, a standard tax-withholding mechanism rather than a discretionary market trade.
What are performance-based stock units (PSUs) mentioned in the Tompkins filing?
Performance-based stock units give the right to receive one Tompkins common share after vesting, if conditions are met. Vesting depends on pre-approved performance metrics over a three-year period, as set by the company’s Compensation Committee for the grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
