Menzo D. Case - 13 Jun 2023 Form 4 Insider Report for Generations Bancorp NY, Inc. (GBNY)

Role: President and CEO, Director
Signature: /s/ Steven T. Lanter, pursuant to power of attoreny
Issuer symbol: GBNY
Transactions as of: 13 Jun 2023
Net transactions value: +$29,553
Form type: 4
Filing time: 14 Jun 2023, 17:29:45 UTC
Previous filing: 16 Jun 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	$29,553	+3,271	+10%	$9.03	34,495	13 Jun 2023	By SERP
holding	GBNY	Common Stock						16,143	13 Jun 2023	Direct	F1
holding	GBNY	Common Stock						42,472	13 Jun 2023	By 401(k)	F3
holding	GBNY	Common Stock						8,343	13 Jun 2023	By ESOP	F3
holding	GBNY	Common Stock						1,546	13 Jun 2023	By IRA

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						36,939	13 Jun 2023	Common Stock	36,939	$11.60	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 which vest at a rate of 20% per year commencing on June 14, 2023.
F2	Stock options that vest at a rate of 20% per year commencing on June 14, 2023.
F3	Reflects transactions not required to be reported pursuant to Section 16 of the Securities Exchange Act of 1934, as amended.