Tompkins Financial CEO exercises 1,734 SARs
Stephen S. Romaine, President & CEO of Tompkins Financial Corp, exercised 1,734 Stock Appreciation Rights on 2026-07-28 at $76.90 per share, receiving the same number of common shares.
Rhea-AI Filing Summary
Stephen S. Romaine, President & CEO of Tompkins Financial Corp, exercised 1,734 Stock Appreciation Rights on 2026-07-28 at $76.90 per share, receiving the same number of common shares. 1,530 shares at $101.25 were withheld to cover option cost and taxes, and this SAR grant is now fully exercised. Following these transactions, he reports indirect holdings of 11,370.6856 shares via a 401(k)/ISOP, 6,057.1854 via an ESOP, and 452 held by his spouse, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,734 shares exercised/converted
Exercise
6 txns
Insider
ROMAINE STEPHEN S
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Appreciation Rights (SAR) F3 | 1,734 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,734 | $76.90 | $133K |
| Tax Withholding | Common Stock F1 | 1,530 | $101.25 | $155K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Stock Appreciation Rights (SAR) — 0 contracts (Direct);
Common Stock — 70,090.697 shares (Direct);
Common Stock — 11,370.6856 shares (Indirect, by 401(k)/ISOP);
Common Stock — 6,057.1854 shares (Indirect, by ESOP);
Common Stock — 452 shares (Indirect, By Spouse)
Footnotes (3)
- F1. Shares withheld for option cost and taxes.
- F2. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deem an admission that the reporting person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
- F3. Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan. SARs have a five-year vesting schedule, with 0% vesting in year one and 25% vesting in years two through five. When exercised, the SARs will be settled in Common Stock of the Company. The grant will expire ten years from the date of the grant.
Key Figures
SARs exercised: 1734.0000 shares
SAR exercise price: $76.9000 per share
Shares withheld for taxes and cost: 1530.0000 shares
+4 more
7 metrics
SARs exercised
1734.0000 shares
Stock Appreciation Rights exercised on 2026-07-28
SAR exercise price
$76.9000 per share
Conversion or exercise price for the SARs
Shares withheld for taxes and cost
1530.0000 shares
Common stock withheld at $101.2500 for option cost and taxes
Withholding price
$101.2500 per share
Price used for shares withheld to cover option cost and taxes
Indirect 401(k)/ISOP holdings
11370.6856 shares
Indirect common stock held by 401(k)/ISOP after the transaction
Indirect ESOP holdings
6057.1854 shares
Indirect common stock held by ESOP after the transaction
Spouse indirect holdings
452.0000 shares
Indirect shares held by spouse; beneficial ownership disclaimed
Key Terms
Stock Appreciation Rights (SARs), Tompkins Financial Corporation 2009 Equity Plan, Section 16, ESOP, +1 more
5 terms
Stock Appreciation Rights (SARs) financial
"Stock Appreciation Rights (SARs) were granted pursuant to the Tompkins"
Tompkins Financial Corporation 2009 Equity Plan financial
"granted pursuant to the Tompkins Financial Corporation 2009 Equity Plan."
Section 16 financial
"beneficial owner of the securities for purposes of Section 16 or for any other"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
ESOP financial
"Indirect ownership described as by ESOP in the holdings table."
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)/ISOP financial
"Indirect ownership described as by 401(k)/ISOP in the holdings table."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Tompkins Financial (TMP) CEO Stephen S. Romaine report?
Stephen S. Romaine reported exercising 1,734 Stock Appreciation Rights on July 28, 2026, receiving the same number of common shares. These SARs were granted under the Tompkins Financial Corporation 2009 Equity Plan and this particular SAR grant is now fully exercised.
How many Tompkins Financial (TMP) SARs did Romaine exercise and at what price?
Romaine exercised 1,734 Stock Appreciation Rights, each convertible into one share of Tompkins Financial common stock at an exercise price of $76.90 per share. The derivative position from this SAR grant shows 0.0000 SARs remaining after the transaction.
What indirect Tompkins Financial (TMP) holdings does Romaine report after this transaction?
Romaine reports indirect holdings of 11,370.6856 shares via a 401(k)/ISOP, 6,057.1854 shares via an ESOP, and 452 shares held by his spouse. He disclaims beneficial ownership of the spouse-held shares for purposes of Section 16 or any other purpose.
AI-generated analysis. How Rhea-AI works. Not financial advice.
