Form 4: Ames National Corp Director, Patrick G Hagan, Buys $1,669 Worth of Stock

Sentiment:

SEC Form 4


Patrick G Hagan, a director at Ames National Corp, purchased 100 shares of common stock at $16.69 per share on November 4, 2024.

Summary

  • On November 4, 2024, Patrick G Hagan, a director of Ames National Corp, acquired 100 shares of common stock.
  • The purchase price was $16.69 per share.
  • Following the transaction, Hagan directly owns 8,100 shares of Ames National Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, but insider buying is generally viewed as a slightly positive signal.

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 perspective on the company's value.

Stakeholder Impact

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

Key Dates

DateDescription
11/04/2024Date of stock purchase transaction.

Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.