FISIFinancial Institutions, Inc.Financial Services · Banks - Regionalas of 2026-09-16
Horizon

Issued 2026-09-16 at $40.23 · now $40.23 (2026-09-16, +0.0% since)

Based on its own history, a month from the 2026-09-16 close, FISI has typically landed between $35.70 and $45.73 — a range of −11.3% to +13.7% from the issuance price $40.23.

Range of outcomes in historically similar periods — not a price prediction. Ranges are scored publicly on /methodology.
  • Actual close
  • Typical path (median)
  • Middle 50% of outcomes
  • 90% range

5,003 overlapping 1 month windows · 2006-09-262026-08-17 · basis climatology · forecast (batch). Probability up 53.9% (90% CI 51.756.1%, ≈1,408 obs).

The cone is anchored at the 2026-09-16 issuance close ($40.23) — the price the forecast resolves against on 2026-10-15, not the latest close. The drawn path shape is illustrative (bands widen with √t); every labeled number is real — the anchor, the scored batch p90/IQR endpoints, and the typical move.

Where FISI has typically landed a month from the 2026-09-16 close of $40.23 — the range is history, not a prediction.

$35.7worst · -11.3%$45.73best · +13.7%
  • now $40.23 (+0.0%)
  • typicalThe typical outcome — half of similar past periods did better and half did worse (not an average, so a few wild periods don't skew it). $40.45 (+0.5%)
  • middle 50%The central range of outcomes — half of similar past periods landed inside it, a quarter finished above, a quarter below. $38.4$42.5
  • 90% rangeA nine-in-ten range — in about nine of every ten similar past periods the outcome stayed within these bounds. $35.7$45.73
Actual 1-month windows behind the coneiEvery overlapping 1-month window in this security's own price history was ranked by realized return; shown are the 3 worst and 3 best of 5,003 windows spanning 2006-09-26 to 2026-09-16. Not cherry-picked — these are the extremes of the full sample. Max drop / max rise are the deepest and highest points reached within each window. See /methodology.
StartReturnMax dropMax rise
3 worst
2009-01-28−65.9%−65.9%+0.0%
2009-01-27−64.2%−64.2%+0.0%
2009-01-26−63.2%−63.2%+0.0%
3 best
2009-03-05+208.5%+0.0%+208.5%
2009-03-11+202.4%+0.0%+202.4%
2009-03-09+181.7%+0.0%+203.7%

5,003 overlapping windows · 2006-09-262026-09-16 · not cherry-picked

Seasonality · by month iHow this security has tended to do in each calendar month historically — a frequency, never a prediction.

iFor each calendar month, the share of years this security closed higher than the month before, and the average month-over-month return, over ~20 years of its own price history. Cells are shaded by average return. This is historical frequency, not a prediction — no month is a signal.
Jan
55%
−2.2%
n=20
Feb
40%
−2.5%
n=20
Mar
50%
+4.5%
n=20
Apr
65%
+5.2%
n=20
May
45%
−1.3%
n=20
Jun
65%
+1.7%
n=20
Jul
60%
+3.7%
n=20
Aug
40%
−1.8%
n=20
Sep
40%
+0.4%
n=20
Oct
65%
+3.2%
n=20
Nov
80%
+4.0%
n=20
Dec
60%
+2.1%
n=20

Up-frequency and average month-over-month return · historical frequency, not a prediction

Reported insider & political trades

Every Form 4 the people closest to this company have filed with the SEC — plotted against the share price, aggregated by month, and shown with the gap between when each trade happened and when it was disclosed. A public record, not advice.

Share price & reported tradesMonthly open-market valueReporting lag — trade date to filing date2026-092026-082026-072026-062026-052026-042026-032026-022026-012025-122025-112025-102025-092025-08$43$252026-09-02: 1 insider purchase, $25K — Zupan Mark2026-03-12: 1 insider purchase, $20K — Plants William Jack II2026-03: 1 open-market purchase, $20K2026-09: 1 open-market purchase, $25K↑ buys↓ salesdirector Zupan Mark — Purchase on 2026-09-02, filed 1 day after the tradeofficer Plants William Jack II — Purchase on 2026-03-12, filed same day
DatePersonRoleActionShares @ priceValueOwnership Δvs S&P 1mvs S&P 6mOwned afterFiling
2026-09-02Zupan MarkdirectorPurchase608 @ $40.77$25K+4.0% of holdingnot yet — horizon still opennot yet — horizon still open15,909Form 4 · filed 1 day after the trade
2026-03-12Plants William Jack IIofficerPurchase660 @ $30.12$20K+12.0% of holding+9.5%+22.2%6,159Form 4 · filed same day
2024-12-13BIRMINGHAM MARTIN KEARNEYofficerPurchase4,000 @ $25.00$100K+3.3% of holding−6.0%−12.4%126,732Form 4 · filed 3 days after the trade
2024-12-13Glaser Robert MdirectorPurchase4,000 @ $25.00$100K+9.7% of holding−6.0%−12.4%45,439Form 4 · filed 3 days after the trade
2024-12-13GULLO SAMUEL MdirectorPurchase4,000 @ $25.00$100K+10.9% of holding−6.0%−12.4%40,840Form 4 · filed 3 days after the trade
2024-12-13Latella Robert NdirectorPurchase4,000 @ $25.00$100K+33.3% of holding−6.0%−12.4%16,000Form 4 · filed 3 days after the trade
2024-12-13Plants William Jack IIofficerPurchase2,800 @ $25.00$70K+131.0% of holding−6.0%−12.4%4,937Form 4 · filed 3 days after the trade
2024-12-13PACOS GARY A.officerPurchase2,000 @ $25.00$50Kownership Δ n/a−6.0%−12.4%2,000Form 4 · filed 3 days after the trade
2024-12-13Zupan MarkdirectorPurchase2,000 @ $25.00$50K+20.7% of holding−6.0%−12.4%11,674Form 4 · filed 3 days after the trade
2024-12-13Collins Laurie RofficerPurchase2,000 @ $25.00$50K+73.6% of holding−6.0%−12.4%4,719Form 4 · filed 3 days after the trade
2024-12-13DORN ANDREW W JRdirectorPurchase2,000 @ $25.00$50K+5.8% of holding−6.0%−12.4%36,423Form 4 · filed 3 days after the trade
2024-12-13Burruano Samuel J JrofficerPurchase2,000 @ $25.00$50K+19.6% of holding−6.0%−12.4%12,206Form 4 · filed 3 days after the trade
2024-12-13HOLLIDAY SUSAN RdirectorPurchase2,000 @ $25.00$50K+5.4% of holding−6.0%−12.4%39,035Form 4 · filed 3 days after the trade
2024-12-13BOSWELL DONALDdirectorPurchase800 @ $25.00$20K+5.5% of holding−6.0%−12.4%15,295Form 4 · filed 3 days after the trade
2024-12-13BYERS SANDRA LotherPurchase800 @ $25.00$20Kownership Δ n/a−6.0%−12.4%800Form 4 · filed 3 days after the trade
2024-12-13VanGelder Kim EdirectorPurchase600 @ $25.00$15K+2.2% of holding−6.0%−12.4%27,713Form 4 · filed 3 days after the trade
2024-12-13Quinn Kevin BofficerPurchase400 @ $25.00$10K+12.1% of holding−6.0%−12.4%3,705Form 4 · filed 3 days after the trade

The vs-S&P columns are a labeled look-back on what the stock did after each filing, measured against the index over the same window. Descriptive history, not a claim about the person or a reason to trade.

99 award / exercise / gift records — not counted as purchases

Awards, option exercises, gifts and tax-withholding disposals are shown separately and never counted as open-market purchases or sales — they carry no conviction information.

DatePersonRoleActionSharesOwned afterFiling
2026-05-20PANZARELLA ANGELA JdirectorAward / grant9256,857Form 4
2026-05-20Finch Steven C.directorAward / grant3911,673Form 4
2026-05-20Bovenzi DaviddirectorAward / grant3911,673Form 4
2026-05-20Burlew Dawn HdirectorAward / grant31322,252Form 4
2026-05-20HOLLIDAY SUSAN RdirectorAward / grant1,28241,678Form 4
2026-05-20DORN ANDREW W JRdirectorAward / grant1,28239,066Form 4
2026-05-20PANZARELLA ANGELA JdirectorAward / grant1,2825,932Form 4
2026-05-20Latella Robert NdirectorAward / grant1,28232,849Form 4
2026-05-20Finch Steven C.directorAward / grant1,2821,282Form 4
2026-05-20Zupan MarkdirectorAward / grant1,28215,301Form 4
2026-05-20Schrader Robert L.directorAward / grant1,2822,643Form 4
2026-05-20Glaser Robert MdirectorAward / grant1,28249,333Form 4
2026-05-20VanGelder Kim EdirectorAward / grant1,28230,356Form 4
2026-05-20HARTING BRUCE WdirectorAward / grant1,2827,421Form 4
2026-05-20Bovenzi DaviddirectorAward / grant1,2821,282Form 4
2026-05-20Burlew Dawn HdirectorAward / grant1,28221,939Form 4
2026-03-20BIRMINGHAM MARTIN KEARNEYofficerWithheld for tax3,847137,622Form 4
2026-03-20Plants William Jack IIofficerWithheld for tax1,0448,013Form 4
2026-03-20Quinn Kevin BofficerWithheld for tax9676,992Form 4
2026-03-20Burruano Samuel J JrofficerWithheld for tax87015,238Form 4
2026-03-20PACOS GARY A.officerWithheld for tax8293,473Form 4
2026-03-20Collins Laurie RofficerWithheld for tax8127,669Form 4
2026-03-20Plants William Jack IIofficerOption exercise2,8980Form 4
2026-03-20BIRMINGHAM MARTIN KEARNEYofficerOption exercise10,6720Form 4
2026-03-20Burruano Samuel J JrofficerOption exercise2,4160Form 4
2026-03-20BYERS SANDRA LotherOption exercise6900Form 4
2026-03-20Collins Laurie RofficerOption exercise2,2540Form 4
2026-03-20PACOS GARY A.officerOption exercise2,3020Form 4
2026-03-20Quinn Kevin BofficerOption exercise2,6840Form 4
2026-03-20Quinn Kevin BofficerOption exercise2,6847,959Form 4
2026-03-20Collins Laurie RofficerOption exercise2,2548,481Form 4
2026-03-20BIRMINGHAM MARTIN KEARNEYofficerOption exercise10,672141,469Form 4
2026-03-20BYERS SANDRA LotherOption exercise6902,150Form 4
2026-03-20Burruano Samuel J JrofficerOption exercise2,41616,108Form 4
2026-03-20Quinn Kevin BofficerOption exercise2,6847,959Form 4
2026-03-20PACOS GARY A.officerOption exercise2,3024,302Form 4
2026-03-20Plants William Jack IIofficerOption exercise2,8989,057Form 4
2026-03-20Collins Laurie RofficerOption exercise2,2548,481Form 4
2026-03-20BIRMINGHAM MARTIN KEARNEYofficerOption exercise10,672141,469Form 4
2026-03-20BYERS SANDRA LotherOption exercise6902,150Form 4

Source: SEC Form 4 filings. Each row links to its original filing.

Across 2012–2021, stocks where a CEO, C-suite officer, or director had recently made an open-market common-stock purchase ran about +28 bp per month above the universe average (n=34,268 stock-weeks). A historical tendency, not a prediction.

Congressional disclosures

No congressional trades disclosed for this company.

Research tool, not investment advice — historical frequencies, not recommendations. A product of Marovel Technologies LLC. Full terms.