Form 4: Consumers Bancorp Director Acquires Shares in Open Market Transaction
SEC Form 4 Filing
Bradley Goris, a director at Consumers Bancorp, purchased 946 shares of common stock at $19.45 per share on December 16, 2024.
Summary
- Bradley Goris, a director of Consumers Bancorp Inc., acquired 946 shares of the company's common stock on December 16, 2024.
- The shares were purchased at a price of $19.45 per share.
- This transaction increased Goris's direct holdings to 19,808.017 shares, which includes shares acquired through a dividend reinvestment plan.
Sentiment
Score: 6
Explanation: The document reflects a routine insider transaction, which is generally neutral. The director's purchase could be seen as slightly positive, but it's not a major event.
Positives
- A director's purchase of shares can be seen as a positive signal of confidence in the company's future prospects.
Industry Context
This is a standard SEC Form 4 filing, which is common for corporate insiders who trade their company's stock. It provides transparency into the trading activities of company directors.
Comparison to Industry Standards
- Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading activities.
- Similar filings are made by directors and officers of other publicly traded companies, such as those in the financial sector like JPMorgan Chase or Bank of America, when they buy or sell shares of their respective companies.
Stakeholder Impact
- The purchase of shares by a director may have a slightly positive impact on shareholder confidence.
Key Dates
| Date | Description |
|---|---|
| 12/16/2024 | Date of the stock purchase transaction. |
| 12/17/2024 | Date the form was signed. |
Keywords
insider trading, stock purchase, director, common stock, CBKM, Consumers Bancorp
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