Form 4: Ames National Corp Executive Vice President Acquires Shares

Executive Vice President of Ames National Corp, Michael A. Wilson, acquired 300 shares of common stock at $17.51 per share.

Summary

• Michael A. Wilson, Executive Vice President of Ames National Corp, purchased 300 shares of the company's common stock on December 4, 2024.
• The shares were acquired at a price of $17.51 per share.
• Following the transaction, Mr. Wilson beneficially owns 1,500 shares indirectly through the Michael A. & Pamela J. Wilson Revocable Trust.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of an insider transaction, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.

Comparison to Industry Standards

• Insider trading disclosures are a standard practice for all publicly listed companies in the US.
• The reporting requirements are governed by the Securities and Exchange Commission (SEC).
• Similar filings are made by executives at comparable financial institutions such as First Interstate BancSystem and Glacier Bancorp.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.
• The purchase may be viewed positively by some investors as it indicates confidence from a company executive.

Key Dates

Keywords

Ames National Corp, insider trading, stock acquisition, executive vice president, Michael A. Wilson, ATLO, common stock