Form 4: Auburn National Bancorporation Director Acquires Additional Shares Through DRIP/OCP
SEC Form 4
Director Barrett J Tutt increased his holdings in Auburn National Bancorporation through purchases of common stock via a Dividend Reinvestment Plan/Optional Cash Payment.
Summary
- On April 2, 2025, Barrett J Tutt, a director of Auburn National Bancorporation, acquired additional shares of common stock.
- The transactions were executed through a Dividend Reinvestment Plan/Optional Cash Payment (DRIP/OCP).
- Tutt purchased 59 shares at $21.5565 per share and 28 shares at $21.4809 per share.
- Following these transactions, Tutt directly owns 8,895 shares of Auburn National Bancorporation.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive. The director's participation in the DRIP/OCP suggests confidence, but the transaction is relatively small and routine.
Positives
- The director's participation in the DRIP/OCP indicates confidence in the company's future.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. These filings are closely monitored by investors to gauge sentiment and potential future performance.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/02/2025 | Date of transaction: Purchase of common stock. |
Keywords
AUBN, Director, Shareholder, DRIP, Ownership, Acquisition, Common Stock, Auburn National Bancorporation
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.