Form 4: Auburn National Bancorporation Director Trades
Statement of Changes in Beneficial Ownership
Director Barrett J. Tutt reported transactions involving the acquisition of Auburn National Bancorporation common stock.
Summary
- Director Barrett J. Tutt reported the acquisition of 57 shares of common stock on April 14, 2026, at a price of $23.72 per share.
- Additionally, Mr. Tutt acquired 26 shares of common stock on April 14, 2026, at a price of $23.458 per share.
- Following these transactions, Mr. Tutt beneficially owns 9,173 shares directly.
- The filing also notes indirect beneficial ownership of 8,744 shares by spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it reports routine insider transactions under a pre-arranged plan, without indicating significant new information about the company's performance or strategy.
Positives
- Director's increased direct ownership in the company.
- Transactions executed under a Rule 10b5-1(c) plan, indicating pre-planned trading activity.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions and do not inherently signal strategic shifts, but director purchases can sometimes be interpreted as a positive signal of confidence in the company's prospects.
Stakeholder Impact
- Shareholders: The transactions may be viewed positively as a director increasing their stake, potentially signaling confidence, but the pre-planned nature under Rule 10b5-1 limits strong interpretation.
- Management: Standard disclosure requirements are met.
Key Dates
| Date | Description |
|---|---|
| 04/14/2026 | Date of earliest transaction and transaction date for stock acquisitions. |
| 04/15/2026 | Date of report signature. |
Keywords
SEC Form 4, Insider Trading, Beneficial Ownership, Auburn National Bancorporation, AUBN, Director Transactions, Common Stock, Rule 10b5-1
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