Tompkins CEO gets 3,095-share stock award
Tompkins Financial Corp President & CEO Stephen S. Romaine reported routine equity compensation activity involving performance-based stock units.
Rhea-AI Filing Summary
Tompkins Financial Corp President & CEO Stephen S. Romaine reported routine equity compensation activity involving performance-based stock units. On May 18, 2026, he acquired 3,095 shares of common stock at $0.00 per share as a grant/award tied to performance metrics over a three-year period. To cover related tax obligations, 1,580 shares were withheld at $84.18 per share, a non-market tax-withholding disposition rather than an open-market sale. After these transactions, he directly holds 69,886.697 shares of Tompkins common stock. Additional indirect holdings are reported by his spouse, an ESOP, and a 401(k)/ISOP, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
ROMAINE STEPHEN S
Role
President & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 3,095 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,580 | $84.18 | $133K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,886.697 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. 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.
- F3. 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.
Key Figures
Stock award: 3,095 shares
Tax-withheld shares: 1,580 shares at $84.18
Direct holdings after transactions: 71,466.697 shares
+4 more
7 metrics
Stock award
3,095 shares
Performance-based grant/award on May 18, 2026
Tax-withheld shares
1,580 shares at $84.18
Shares withheld for taxes on May 18, 2026
Direct holdings after transactions
71,466.697 shares
Common stock directly owned following Form 4 transactions
Spouse indirect holding
452 shares
Common stock held by spouse, indirect ownership
ESOP indirect holding
6,057.1854 shares
Common stock held by ESOP, indirect ownership
401(k)/ISOP indirect holding
11,370.6856 shares
Common stock held by 401(k)/ISOP, indirect ownership
PSU share ratio
1 share per PSU
Each performance-based stock unit converts into one common share after vesting
Key Terms
performance-based stock unit (PSU), tax-withholding disposition, beneficial ownership, 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""
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.
beneficial ownership financial
"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"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
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)/ISOP financial
"nature_of_ownership": "by 401(k)/ISOP""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Tompkins Financial (TMP) CEO Stephen Romaine report in this Form 4?
Stephen S. Romaine reported a stock award and tax withholding. He received 3,095 Tompkins common shares as a performance-based grant, while 1,580 shares were withheld at $84.18 per share to satisfy tax obligations, leaving 71,466.697 shares directly owned.
Was there any open-market buying or selling of Tompkins (TMP) stock by the CEO?
No open-market purchases or sales are reported. The Form 4 shows a performance-based stock award of 3,095 shares and 1,580 shares withheld to pay taxes, which is a tax-withholding disposition rather than an open-market trade in Tompkins stock.
What are the performance-based stock units (PSUs) mentioned for Tompkins (TMP)?
Each PSU represents a right to receive one Tompkins share after vesting. The number of shares delivered depends on pre-established performance metrics approved by the Compensation Committee, measured over a three-year performance period tied to the fiscal years around the grant.
AI-generated analysis. How Rhea-AI works. Not financial advice.
