CHEMUNG FINANCIAL CORP (CHMG)

Current Report Filed: 2026-05-08

Key Insights

Chemung Financial is conducting investor outreach during Q2 2026 with CEO Anders Tomson and CFO Dale McKim presenting company strategy and recent performance to institutional investors and other stakeholders.
The company has prepared and posted a First Quarter 2026 Investor Presentation on its website, indicating active communication about Q1 2026 results and forward-looking strategies to the investment community.
Management is establishing the Investor Relations section of their website as a potential channel for material information disclosure, aligning with SEC guidance on using corporate websites for investor communication.

Quarterly Report Filed: 2026-05-07

Key Insights

The filing is a Q1 2026 10-Q for Chemung Financial Corp showing data as of March 31, 2026, with comparative periods from 2025, indicating the company is actively managing its loan portfolio across commercial, residential, and consumer segments.
The detailed segmentation of loan portfolios (Commercial & Agricultural, Residential, Consumer) with specific focus on credit quality metrics suggests management is closely monitoring credit risk across diverse lending categories.
Presence of wealth management group services revenue streams and multiple deposit-related metrics indicates diversified revenue sources beyond traditional lending, supporting financial stability and cross-selling opportunities.
The company maintains detailed tracking of unfunded loan commitments and various security holdings (RMBS, CMOs, corporate debt), reflecting active balance sheet management and investment strategy in a rate-sensitive environment.

Insider Trading Filed: 2026-04-27

Key Insights

Director Tyrrell Thomas R. sold 788 shares of CHMG stock across two transactions on 04/27/2026 at prices near $65.47 average, reducing beneficial ownership from approximately 8,839 shares to 8,050 shares.
The sales appear to be routine portfolio management rather than a major stake reduction, as the director maintains substantial direct ownership of over 8,000 shares post-transaction.
Transactions were executed by attorney-in-Fact under a Power of Attorney dated 6/25/2025, suggesting pre-planned or systematic trading activity rather than urgent or opportunistic selling.

Current Report Filed: 2026-04-17

Key Insights

Chemung Financial Corporation reported its Q1 2026 results, with the press release highlighting the company's financial performance for the three-month period ended March 31, 2026.
The company did not provide any forward-looking guidance or commentary on the overall business outlook in the current filing.
Investors should review the full press release (Exhibit 99.1) for additional details on Chemung Financial's Q1 2026 financial performance.

Current Report Filed: 2026-04-07

Key Insights

Chemung Financial Corporation's subsidiary, Chemung Canal Trust Company, has filed an application with the Office of the Comptroller of the Currency (OCC) to convert from a New York-chartered trust company to a national bank. This could potentially expand the company's reach and growth opportunities.
The conversion is subject to OCC approval, indicating that the company is taking steps to potentially restructure and optimize its operations.
Investors should monitor the progress of the conversion application and any potential impact it may have on the company's financial performance and strategic direction.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Daniel D. Fariello, is an officer (President, Capital Bank Div.) of Chemung Financial Corp and has both direct and indirect beneficial ownership of the company's common stock.
Fariello disposed of 116 shares of common stock through a witholding transaction at a price of $55.52 per share, reducing his direct beneficial ownership to 8,261 shares.
Fariello's indirect beneficial ownership through a qualified plan increased by 1,842.645 shares, likely due to dividend reinvestment.

Insider Trading Filed: 2026-03-02

Key Insights

Insider Anders Tomson, the President and CEO, has disposed of 1,603 shares of common stock through a Form transaction at $55.52 per share.
Tomson continues to hold a significant direct beneficial ownership of 46,222.938 shares, in addition to 17,699.638 shares held indirectly through a qualified plan.
The transaction appears to be a routine diversification of Tomson's portfolio and does not suggest any major shift in his long-term commitment to the company.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Loren D. Cole, an EVP & CIO at Chemung Financial Corp, has disposed of 119 shares of the company's common stock through a Form transaction.
Cole continues to beneficially own a significant number of shares, both directly (6,398 shares) and indirectly through his spouse (105 shares) and qualified plan (9,601.981 shares).
The reported transaction does not indicate a major change in Cole's ownership position, suggesting the sale was likely a routine portfolio management or tax-related action.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Peter K. Cosgrove, who is the Executive Vice President and Chief Credit Officer of Chemung Financial Corp (CHMG), has disposed of 119 shares of the company's common stock at a price of $55.52 per share.
This transaction represents a small portion of Cosgrove's overall beneficial ownership in CHMG, which remains at 7,200 shares.
Insider transactions, such as this one, can provide insights into management's views on the company's prospects, though a single transaction should be interpreted cautiously.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Vincent M. Cutrona, is an executive officer (EVP & President-Canal Bank Div) at Chemung Financial Corp and has disposed of 95 shares of the company's common stock.
The transaction occurred on February 27, 2026, which suggests ongoing insider selling activity at the company.
The reporting person still holds a significant number of 3,607 shares, indicating they maintain a substantial ownership position in Chemung Financial Corp.

Insider Trading Filed: 2026-03-02

Key Insights

Kimberly A. Hazelton, the Executive Vice President of Chemung Financial Corp (CHMG), sold 104 shares of common stock on February 27, 2026 at a price of $55.52 per share.
Hazelton's ownership of CHMG common stock decreased from 8,266 shares to 8,162 shares following the transaction.
Insider selling transactions, while not uncommon, can signal a change in management's outlook or confidence in the company's future performance and should be monitored by investors.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Jeffrey P. Kenefick, is the Regional President of Chemung Financial Corp, indicating a senior leadership role within the company.
Kenefick disposed of 119 shares of common stock at $55.52 per share, suggesting he may be reducing his direct ownership position in the company.
Kenefick also holds an indirect ownership position of 3,029.606 shares through a qualified plan, indicating he maintains a significant stake in the company.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, Dale M. McKim III, who is the EVP, CFO and Treasurer of Chemung Financial Corp (CHMG), disposed of 147 shares of the company's common stock on February 27, 2026 at a price of $55.52 per share.
The reported transaction was a disposition, indicating that the executive sold a portion of his direct holdings in the company.
The reporting person's beneficial ownership of Chemung Financial Corp's common stock decreased from 7,080 shares to 6,933 shares following the reported transaction.

Insider Trading Filed: 2026-03-02

Key Insights

This Form 4 filing indicates that Mary E. Meisner, the EVP & Chief Risk Officer of Chemung Financial Corp (CHMG), disposed of 79 shares of the company's common stock on February 27, 2026.
The transaction was executed at a price of $55.52 per share, resulting in Meisner holding 4,449.448 shares of CHMG stock following the reported transaction.
Insider selling transactions, especially by key executives, can provide insights into management's views on the company's prospects and may be of interest to investors.

Insider Trading Filed: 2026-03-02

Key Insights

The reporting person, John J. Stempin, who is the Controller of Chemung Financial Corp, has disposed of 12 shares of the company's common stock on February 27, 2026.
The transaction was executed at a price of $55.52 per share, and the reporting person now holds 475 shares of the company's common stock directly.
This transaction represents a small reduction in the insider's holding, and further monitoring of insider trading activity may provide insights into management's view of the company's prospects.

Insider Trading Filed: 2026-02-26

Key Insights

Robert H. Dalrymple, a director of Chemung Financial Corp (CHMG), sold 2,833 shares of common stock on February 26, 2026 at an average price of $56.56.
Dalrymple still beneficially owns a significant stake in the company, holding 1,351 shares directly and an additional 245,463 shares indirectly through RD Wood, LLC and his spouse.
The sale represents a small portion of Dalrymple's total ownership, suggesting this may have been for personal or diversification reasons rather than a sign of concern about the company's prospects.

Insider Trading Filed: 2026-02-19

Key Insights

The reporting person, Daniel D. Fariello, acquired 1,267 shares of CHEMUNG FINANCIAL CORP common stock at $59.24 per share, increasing his direct ownership to 8,377 shares.
Fariello also indirectly owns 1,842.645 shares through a qualified plan, indicating his continued investment in the company.
The insider acquisition suggests Fariello's positive outlook on the company's prospects and may signal confidence in the stock's potential future performance.

Insider Trading Filed: 2026-02-19

Key Insights

John J. Stempin, the Controller of Chemung Financial Corp (CHMG), acquired 127 shares of the company's common stock on February 17, 2026 at a price of $59.24 per share.
This insider purchase, which increased Stempin's direct beneficial ownership to 487 shares, suggests his confidence in the company's prospects.
Insider buying can be a positive signal for investors, as it indicates the reporting person's belief in the company's future performance.

Insider Trading Filed: 2026-02-19

Key Insights

The reporting person, Mary E. Meisner, acquired 1,140 shares of the issuer's common stock at a price of $59.24 per share on February 17, 2026, increasing her direct beneficial ownership to 4,528.448 shares.
The transaction appears to be an open market purchase, indicating that the reporting person has confidence in the issuer's prospects and is willing to invest more personal capital in the company.
The timing of the transaction, occurring in February 2026, suggests the reporting person may have access to material non-public information or a long-term view on the issuer's performance.

Insider Trading Filed: 2026-02-19

Key Insights

The reporting person, Dale M. McKim III, acquired 1,773 shares of the issuer's common stock at $59.24 per share, increasing their direct beneficial ownership to 7,080 shares.
The transaction was executed on February 17, 2026, indicating ongoing insider buying activity at the company.
As an executive officer (EVP, CFO & Treasurer), this transaction suggests the reporting person's continued confidence in the company's prospects.

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Important Information