Financial Institutions Inc. Elects New Directors
Ticker: FIISP · Form: 8-K · Filed: Jun 25, 2024 · CIK: 862831
| Field | Detail |
|---|---|
| Company | Financial Institutions Inc (FIISP) |
| Form Type | 8-K |
| Filed Date | Jun 25, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: board-of-directors, governance, officer-compensation
Related Tickers: FIIN
TL;DR
FIIN adds two new board members, Donato and Spero, effective June 19, 2024.
AI Summary
Financial Institutions, Inc. announced on June 19, 2024, the election of two new directors, Michael J. Donato and John R. Spero, to its Board of Directors. The company also reported on compensatory arrangements for certain officers, though specific details of these arrangements were not provided in this filing.
Why It Matters
The addition of new directors can signal strategic shifts or a response to governance considerations within the company.
Risk Assessment
Risk Level: low — This filing primarily concerns routine board appointments and compensatory arrangements, which typically carry low immediate risk.
Key Players & Entities
- Financial Institutions, Inc. (company) — Registrant
- Michael J. Donato (person) — Newly elected director
- John R. Spero (person) — Newly elected director
- June 19, 2024 (date) — Effective date of director elections
FAQ
Who were the individuals elected to the Board of Directors?
Michael J. Donato and John R. Spero were elected to the Board of Directors.
When were the new directors elected?
The new directors were elected as of June 19, 2024.
What is the principal executive office address of Financial Institutions, Inc.?
The principal executive office is located at 220 Liberty Street, Warsaw, New York 14569.
What is the telephone number for Financial Institutions, Inc.?
The telephone number is 585 786-1100.
What is the SIC code for Financial Institutions, Inc.?
The Standard Industrial Classification code is 6021 for National Commercial Banks.
Filing Stats: 444 words · 2 min read · ~1 pages · Grade level 11.6 · Accepted 2024-06-25 16:05:09
Key Financial Figures
- $0.01 — ch registered Common stock, par value $0.01 per share FISI Nasdaq Global Select
Filing Documents
- fisi-20240619.htm (8-K) — 34KB
- 0000950170-24-077274.txt ( ) — 145KB
- fisi-20240619.xsd (EX-101.SCH) — 24KB
- fisi-20240619_htm.xml (XML) — 5KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Financial Institutions, Inc. Date: June 25, 2024 By: /s/ Samuel J. Burruano, Jr. Samuel J. Burruano, Jr. Executive Vice President, Chief Legal Officer and Corporate Secretary