Form 4: Ames National Corp Director Douglas W. Beals Acquires Shares
SEC Form 4 Filing
Director Douglas W. Beals purchased 275 shares of Ames National Corp (ATLO) common stock at $17.59 per share on May 2, 2025.
Summary
- On May 2, 2025, Douglas W. Beals, a director of Ames National Corp (ATLO), acquired 275 shares of common stock.
- The purchase price was $17.59 per share.
- Following the transaction, Beals directly owns 2,050 shares of Ames National Corp.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of a stock purchase by a company director, which is neither particularly positive nor negative. It's a neutral event in terms of sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders, such as directors and officers, trade their company's stock. These filings provide transparency to the market regarding the trading activities of those with privileged information.
Stakeholder Impact
- The purchase of shares by a director could be perceived positively by shareholders as it signals confidence in the company's future.
Key Dates
| Date | Description |
|---|---|
| 05/02/2025 | Date of transaction: Douglas W. Beals purchased 275 shares of Ames National Corp common stock. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Beneficial Ownership, ATLO, Ames National Corp, Director, Douglas W. Beals, Stock Acquisition
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