Chemung Financial (CHMG) CFO reports tax-withholding share disposition

Rhea-AI Filing Summary

Chemung Financial Corp executive Dale M. McKim III reported a small tax-related share disposition. On this Form 4, the EVP, CFO & Treasurer disposed of 147 shares of common stock on February 27, 2026 at $55.52 per share to cover tax liabilities, leaving him with 6,933 directly held shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McKim Dale M. III

Role EVP, CFO & Treasurer

Type	Security	Shares	Price	Value
Tax Withholding	COMMON STOCK	147	$55.52	$8K

Holdings After Transaction: COMMON STOCK — 6,933 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McKim Dale M. III

(Last) (First) (Middle)

ONE CHEMUNG CANAL PLAZA

PO BOX 1522

(Street)

ELMIRA NY 14902-1522

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CHEMUNG FINANCIAL CORP [ CHMG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
COMMON STOCK	02/27/2026		F		147	D	$55.52	6,933	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

Remarks:

	Kathleen E. Cook, Attorney in Fact, Pursuant to Power of Attorney dated 6/25/2025	03/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did CHMG executive Dale McKim report?

Dale M. McKim III reported a small tax-related share disposition. He surrendered 147 shares of Chemung Financial common stock at $55.52 per share to cover tax liabilities, a routine Form 4 event that left him holding 6,933 shares directly.

Was the CHMG insider transaction a market sale or tax withholding?

The CHMG insider transaction was a tax-withholding disposition, not an open-market sale. Form 4 code F indicates shares were delivered to satisfy tax obligations, which is common when equity awards vest and does not represent a discretionary stock sale.

How many Chemung Financial (CHMG) shares did Dale McKim dispose of?

Dale McKim disposed of 147 CHMG common shares. The shares were surrendered at $55.52 each to satisfy tax liabilities associated with equity compensation, and after this transaction he continued to directly own 6,933 Chemung Financial shares.

What is Dale McKim’s ownership in CHMG after this Form 4 transaction?

After the reported tax-withholding transaction, Dale McKim directly owns 6,933 Chemung Financial common shares. This figure reflects his holdings following the disposition of 147 shares to cover tax obligations tied to his equity compensation on February 27, 2026.

What does transaction code F mean on this CHMG Form 4 filing?

Transaction code F on this CHMG Form 4 indicates a tax-withholding disposition. It shows that shares were delivered to pay an exercise price or tax liability, rather than being sold in the open market as a discretionary share sale by the executive.

What role does Dale McKim hold at Chemung Financial (CHMG)?

Dale M. McKim III serves as Executive Vice President, Chief Financial Officer, and Treasurer at Chemung Financial Corp. His Form 4 filing reflects personal equity-related activity associated with this leadership role, specifically a tax-withholding share disposition on February 27, 2026.