Form 4: Ames National Corp Director Hagan Patrick G Acquires 500 Shares

Sentiment:

SEC Form 4 Filing


Director Hagan Patrick G of Ames National Corp (ATLO) purchased 500 shares of common stock at $16.65 per share on April 28, 2025, increasing his direct holdings to 8,800 shares.

Summary

  • On April 28, 2025, Patrick G Hagan, a director of Ames National Corp (ATLO), acquired 500 shares of common stock.
  • The purchase price was $16.65 per share.
  • Following the transaction, Hagan directly owns 8,800 shares of Ames National Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally viewed as a positive sign, but the small number of shares purchased doesn't suggest a strong conviction.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future performance.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
04/28/2025Date of transaction: Patrick G Hagan purchased 500 shares of common stock.

Keywords

Form 4, Beneficial Ownership, Director, Stock Acquisition, ATLO, Ames National Corp, Hagan Patrick G

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