Form 4: Ames National Corp Director Patrick G. Hagan Acquires 200 Shares

Director Patrick G. Hagan of Ames National Corp purchased 200 shares of common stock at $16.75 per share on December 13, 2024.

Summary

• Patrick G. Hagan, a director at Ames National Corp, acquired 200 shares of the company's common stock on December 13, 2024.
• The shares were purchased at a price of $16.75 each.
• Following this transaction, Mr. Hagan directly owns 8,300 shares of Ames National Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive as insider buying can be seen as a sign of confidence, but it's a small transaction.

Positives

• The purchase of shares by a director can be seen as a positive sign of confidence in the company's future.

Industry Context

Insider trading activity is a common occurrence in the financial markets and is closely monitored by regulators to ensure fair practices.

Comparison to Industry Standards

• Insider trading activity is a normal part of the market, and this transaction is not unusual for a director of a publicly traded company.
• It is common for directors to purchase shares in their own companies, often as a sign of confidence in the company's prospects.

Stakeholder Impact

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

Key Dates

Keywords

insider trading, stock acquisition, director, common stock, AMES NATIONAL CORP, ATLO