Insider Robert Dalrymple Holds 237,319 CHFC Shares

TL;DR

**Insider Robert H. Dalrymple owns 237,319 shares of Chemung Financial Corp.**

AI Summary

Robert H. Dalrymple, a significant insider at Chemung Financial Corp (CHFC), has filed an Amendment No. 3 to Schedule 13G, indicating a beneficial ownership of 237,319 shares of common stock as of December 31, 2020. This filing, dated February 9, 2024, shows Dalrymple holds both sole and shared voting and dispositive power over these shares, with 2,833 shares under sole control and 234,486 shares under shared control. This matters to investors because it provides transparency into a key insider's substantial, albeit slightly dated, stake in the company, which can signal confidence or potential influence.

Why It Matters

This filing reveals a key insider's significant ownership stake, which can influence corporate governance and signal long-term commitment to the company's success.

Risk Assessment

Risk Level: low — This filing is a routine update on insider ownership and does not indicate any immediate financial risk or change in company operations.

Analyst Insight

Investors should note the substantial insider ownership by Robert H. Dalrymple, which can be a positive signal of long-term commitment, but also recognize that the reported ownership date is December 31, 2020, so current ownership may have changed.

Key Numbers

• 237,319 — Aggregate Shares Beneficially Owned (Total shares of Chemung Financial Corp common stock owned by Robert H. Dalrymple)
• 2,833 — Sole Voting Power Shares (Shares over which Robert H. Dalrymple has sole voting power)
• 234,486 — Shared Voting Power Shares (Shares over which Robert H. Dalrymple has shared voting power)
• December 31, 2020 — Date of Event (The date as of which the beneficial ownership was reported)

Key Players & Entities

• Robert H. Dalrymple (person) — Reporting Person, beneficial owner of Chemung Financial Corp shares
• Chemung Financial Corp (company) — The issuer of the securities
• Elizabeth T. Dalrymple (person) — Group Member
• 02 Finance (company) — Organization Name associated with Chemung Financial Corp

Forward-Looking Statements

• Robert H. Dalrymple will maintain a significant ownership stake in Chemung Financial Corp. (Robert H. Dalrymple) — medium confidence, target: Next 12-24 months

FAQ

Key Financial Figures

• $0.01 — ation (Name of Issuer) Common Stock, $0.01 par value (Title of Class of Securiti

Filing Documents

• ea193246-13ga3dalry_chemu.htm (SC 13G/A) — 60KB
• 0001213900-24-012006.txt ( ) — 61KB

(a)

Item 1(a) Name of Issuer : Chemung Financial Corporation

(b)

Item 1(b) Address of Issuer’s Principal Executive Offices : One Chemung Canal Plaza Elmira, NY 14901

(a)

Item 2(a) Name of Person Filing : The information required by Item 2(a) is set forth in Row 1 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.

(b)

Item 2(b) Address of Principal Business Office or, if none, Residence : The address of Robert H. Dalrymple is 5 Woodland Way, Ithaca, NY 14850. The address of Elizabeth T. Dalrymple is 5 Woodland Way, Ithaca, NY 14850.

(c)

Item 2(c) Citizenship : The information required by Item 2(c) is set forth in Row 4 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person.

(d)

Item 2(d) Title of Class of Securities : Common Stock, $0.01 par value

(e)

Item 2(e) CUSIP Number : 164024101 Item 3 The information required by Item 3 is set forth in Row 12 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. Item 4 The information required by Items 4(a)-(c) is set forth in Rows 5-11 of the cover page hereto for each Reporting Person and is incorporated herein by reference for each such Reporting Person. Item 5 If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following CUSIP No. 164024101 13G Page 5 of 6 Pages Item 6 Robert H. Dalrymple and Elizabeth T. Dalrymple are the managers of RD Wood, LLC, which shares voting and dispositive power of 234,486 shares. RD Wood, LLC is owned by a family trust and by Elizabeth T. Dalrymple. Item 7 Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company or Control Person : Not Applicable Item 8 Identification and Classification of Members of the Group : Not Applicable Item 9 Notice of Dissolution of Group : Not Applicable Item 10 Certification : By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. [Remainder of page intentionally left blank] CUSIP No. 164024101 13G

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