Cynthia S. Aikman - 13 Jun 2023 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role: Director
Signature: /s/ Steven T. Lanter, pursuant to power of attoreny
Issuer symbol: GBNY
Transactions as of: 13 Jun 2023
Net transactions value: +$4,427
Form type: 4
Filing time: 14 Jun 2023, 17:35:44 UTC
Previous filing: 25 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GBNY	Common Stock	Purchase	$4,427	+490	+23%	$9.03	2,658	13 Jun 2023	By Director Retirement Plan
holding	GBNY	Common Stock						3,608	13 Jun 2023	Direct	F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
holding	GBNY	Stock Options						2,770	13 Jun 2023	Common Stock	2,770	$11.65	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes shares of restricted stock vest which at a rate of 20% per year commencing on May 19, 2023.
F2	Stock options vest at a rate of 20% per year commencing on May 19, 2023.