Form 4: Director David Housel Increases Stake in Auburn National Bancorporation Through Stock Purchases

David Housel, a director of Auburn National Bancorporation, acquired additional shares of common stock through transactions on October 1, 2024.

Summary

• On October 1, 2024, David Housel, a director of Auburn National Bancorporation, purchased 38 shares of common stock at $23.4043 per share.
• He also purchased 17 shares of common stock at $23.2633 per share on the same day.
• Following these transactions, Housel directly owns 7,771 shares of Auburn National Bancorporation common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock purchases by a company director, indicating a neutral sentiment.

Positives

• A director's increased investment in the company can be seen as a positive signal.

Industry Context

Form 4 filings are routine disclosures required by the SEC when insiders (officers, directors, or those holding more than 10% of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The stock purchases by a director could potentially increase investor confidence.

Key Dates