Form 4: Ames National Corp Director Patrick G Hagan Acquires 500 Shares
SEC Form 4 Filing
Director Patrick G Hagan of Ames National Corp purchased 500 shares of common stock at $17.63 per share on October 23, 2024.
Summary
- On October 23, 2024, Patrick G Hagan, a director of Ames National Corp, acquired 500 shares of common stock.
- The purchase price was $17.63 per share.
- Following the transaction, Hagan directly owns 7,670 shares of Ames National Corp.
Sentiment
Score: 5
Explanation: The sentiment is neutral. It's a routine transaction, and while insider buying can be seen as positive, it's a relatively small purchase.
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 regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's sentiment about the company's prospects.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholders as it signals confidence from a company director.
Key Dates
| Date | Description |
|---|---|
| 10/23/2024 | Date of stock transaction: Patrick G Hagan purchased 500 shares of common stock. |
| 10/23/2024 | Date of signature: John P Nelson signed the form on behalf of Patrick G Hagan. |
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