Form 4: Director John G. Englesson Acquires Shares of Embassy Bancorp, Inc.
SEC Form 4 Filing
Director John G. Englesson reports acquisition of Embassy Bancorp, Inc. shares through a restricted stock grant.
Summary
- On March 1, 2024, John G. Englesson, a director of Embassy Bancorp, Inc. (EMYB), acquired 2,118 shares of common stock.
- These shares were acquired through the 2010 Stock Incentive Plan at a price of $0.
- Following the transaction, Englesson directly owns 28,891.0971 shares of common stock.
- Englesson also indirectly owns 8,132 shares through an IRA, 3,723.6546 shares through a spouse, and 1,300 shares through a spouse's IRA.
Sentiment
Score: 6
Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition. The acquisition itself could be seen as mildly positive, but the filing is primarily informational.
Positives
- The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are routinely monitored and reported to the SEC. This filing provides transparency regarding the holdings of company insiders.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction: Acquisition of 2,118 shares of common stock. |
| 03/05/2024 | Date of report signature. |
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