Form 4: Ames National Corp. Director Douglas Beals Boosts Stake with Recent Stock Purchase

Douglas W. Beals, a Director at Ames National Corp. (ATLO), has increased his direct beneficial ownership by acquiring 400 shares of common stock at $17.29 per share.

Summary

• Douglas W. Beals, a Director of AMES NATIONAL CORP (ATLO), reported a transaction on May 23, 2025.
• The transaction involved the acquisition of 400 shares of Common Stock.
• The shares were purchased at a price of $17.29 per share.
• Following this transaction, Mr. Beals directly beneficially owns 2,450 shares of Common Stock.

Sentiment

Score: 8

Explanation: The acquisition of shares by a director signals strong insider confidence in the company's prospects and valuation.

Positives

• A Director, Douglas W. Beals, purchased 400 shares of common stock, indicating confidence in the company's future prospects.
• The acquisition increases Mr. Beals' direct beneficial ownership to 2,450 shares, further aligning his interests with shareholders.

Future Outlook

N/A

Industry Context

N/A

Stakeholder Impact

• Shareholders: Increased confidence due to insider buying, potentially signaling undervaluation or strong future performance.

Key Dates

Recommendation

Keywords

Ames National Corp, ATLO, Form 4, insider trading, stock purchase, beneficial ownership, director, equity acquisition