Form 4: Auburn National Bancorporation Director Acquires 100 Shares of Common Stock

David E. Housel, a director of Auburn National Bancorporation, purchased 100 shares of common stock at $18.18 per share on August 8, 2024.

Summary

• On August 8, 2024, David E. Housel, a director of Auburn National Bancorporation, acquired 100 shares of the company's common stock.
• The purchase price was $18.18 per share.
• Following the transaction, Housel directly owns 7,616 shares of Auburn National Bancorporation common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock purchase by a director. It doesn't inherently convey strong positive or negative sentiment.

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 standard disclosures required by the SEC when insiders of a company (officers, directors, or those holding more than 10% of the company's shares) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as insider buying can signal confidence in the company.

Key Dates