FINANCIAL INSTITUTIONS INC 10-Q

ITEM 2 . Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities In June 2022, the Company’s Board of Directors authorized a share repurchase program for up to 766,447 shares of common stock. The program will expire at the earlier of the completion of all share repurchases or a Board vote to retire the program. The Company’s repurchases of its common stock during the second quarter of 2024 were as follows: Issuer Purchases of Equity Securities Period Total Number of Shares Purchased (1) Average Price Paid Per Share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Number of Shares that May Yet Be Purchased Under the Plans or Programs April 1, 2024 – April 30, 2024 — $ — — 766,447 May 1, 2024 – May 31, 2024 — — — 766,447 June 1, 2024 – June 30, 2024 206 17.41 — 766,447 Total 206 $ 17.41 — 766,447 (1) This column reflects shares of common stock deemed surrendered to satisfy tax withholding obligations in connection with the vesting of employee restricted stock units.