---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-276369"
form_type: "8-K"
ticker: "FISI"
cik: "0000862831"
company_name: "FINANCIAL INSTITUTIONS INC"
filed_at: "2024-12-12T23:59:59+00:00"
generated_at: "2026-05-29T04:30:39.958862+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Financial Institutions, Inc. prices $95M common stock offering at $25/share, plans balance sheet repositioning

## Summary
- Public offering of 4M shares at $25/share; expected net proceeds ~$94.3M.
- Underwriters granted 30-day option to purchase up to an additional 600,000 shares.
- Proceeds to fund balance sheet restructuring via AFS portfolio repositioning and debt repayment.
- KBW sole bookrunner, Piper Sandler co-manager; closing expected on or about Dec 13, 2024.
- Shelf registration effective Dec 4, 2024; prospectus supplement filed Dec 11, 2024.

## SEC filing metadata
- accession: 0001193125-24-276369
- form_type: 8-K
- ticker: FISI
- cik: 0000862831
- company_name: FINANCIAL INSTITUTIONS INC
- filed_at: 2024-12-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/862831/000119312524276369/0001193125-24-276369-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/862831/000119312524276369/d905176d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-276369
- JSON: https://secwatch.observer/filing/0001193125-24-276369.json
- Plain text: https://secwatch.observer/filing/0001193125-24-276369.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.