Form 4: Director Paden Increases Stake in Consumers Bancorp Inc /OH/ (CBKM)
SEC Form 4 Filing
Frank L. Paden, a director of Consumers Bancorp Inc /OH/, acquired additional shares of common stock through a transaction on March 14, 2014.
Summary
- On March 14, 2014, Frank L. Paden, a director of Consumers Bancorp Inc /OH/, purchased 269.2984 shares of common stock at a price of $19 per share.
- Following the transaction, Paden directly owns 10,027.49 shares of Consumers Bancorp Inc /OH/ common stock, which includes shares acquired through a dividend reinvestment plan.
- The transaction was reported on March 17, 2025.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the director's stock purchase, indicating confidence in the company. However, the impact is limited as it's a relatively small transaction.
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
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects relative to its peers in the banking sector.
Comparison to Industry Standards
- It's difficult to compare this transaction to industry standards without knowing the size of the company and the director's overall holdings.
- However, insider buying is generally viewed positively, especially when compared to insider selling.
- Comparing the volume of insider trading activity at Consumers Bancorp to that of similar-sized regional banks like First Commonwealth Financial or Northwest Bancshares could provide additional context.
Stakeholder Impact
- Shareholders may view the director's purchase as a positive signal.
- Employees may see it as a sign of stability and confidence in the company's leadership.
Key Dates
| Date | Description |
|---|---|
| 03/14/2014 | Date of transaction: Frank L. Paden acquired shares of common stock. |
| 03/17/2025 | Date of report filing. |
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