David Kershaw, SVP and Principal Accounting Officer of Tompkins Financial Corp, filed a Form 4 on November 12, 2026, reporting a restricted stock grant, tax-related share dispositions, and an open-market sale of common stock occurring on November 9 and 10, 2026.

Key Highlights

  • Restricted stock grant: Kershaw acquired 385 shares of common stock on November 9, 2026, at a price of $100.76 per share under the Tompkins Financial Corporation 2019 Equity Incentive Plan.
  • Tax withholding dispositions: A total of 143 shares (38, 41, and 64 shares in three separate transactions) were deemed disposed of to the issuer on November 9, 2026, at $100.76 per share to cover taxes upon vesting of restricted stock.
  • Open-market sale: On November 10, 2026, Kershaw sold 500 shares held indirectly through a 401(k) at $100.5654 per share.
  • Direct beneficial ownership following transactions: 5,109.155 shares held directly after all November 9, 2026 transactions.
  • Indirect holdings: 866.9387 shares held indirectly via 401(k) and 2,847.6576 shares held indirectly via ESOP, as reported following the transactions.
  • Vesting schedule: According to the filing, the restricted stock grant carries a five-year vesting schedule with 0% vesting in year one and 25% vesting in years two through five, expiring ten years from the grant date.

Kershaw's November 2026 Transactions in Tompkins Financial Common Stock

According to the filing, David Kershaw, identified as SVP and Principal Accounting Officer of Tompkins Financial Corp (NYSE:TMP), reported a series of transactions in the company's common stock over two consecutive trading days. On November 9, 2026, Kershaw received a grant of 385 restricted shares at $100.76 per share pursuant to the Tompkins Financial Corporation 2019 Equity Incentive Plan. The filing states that restricted stock grants under this plan carry a five-year vesting schedule, with no vesting in year one and 25% vesting in each of years two through five, and that the grant expires ten years from the date of the grant.

Also on November 9, 2026, the filing reports three separate deemed dispositions totaling 143 shares at $100.76 per share. The filing describes these as a "deemed disposition of shares to the Issuer to pay for taxes upon vesting of restricted stock." Following all three dispositions, Kershaw's direct beneficial ownership stood at 5,109.155 shares, according to the filing.

On November 10, 2026, Kershaw sold 500 shares at $100.5654 per share, with that holding recorded as indirect ownership through a 401(k). The filing also reports 2,847.6576 shares held indirectly through an ESOP. Kershaw signed the filing on November 12, 2026.

What Was Disclosed

The filing disclosed a restricted stock grant of 385 shares, three tax-related share dispositions totaling 143 shares, and a 500-share sale from a 401(k) account, all in Tompkins Financial Corp common stock, reported by SVP and PAO David Kershaw.