4/A: Embassy Bancorp Director Amends Filing to Correct Share Attribution

Bernard M. Lesavoy, a director of Embassy Bancorp, Inc., amended a previous Form 4 filing to correct the number of shares attributable to him through Red Bird Associates LLC.

Summary

• Bernard M. Lesavoy, a director of Embassy Bancorp, Inc., filed an amended Form 4 with the SEC.
• The amendment corrects the number of shares attributable to Lesavoy resulting from his interest in Red Bird Associates LLC.
• The original transaction date remains 03/20/2025, with the amendment filed on 04/03/2025.
• Lesavoy directly owns 125,904.26 shares of common stock.
• He indirectly owns 1,372.1616 shares through Red Bird Associates LLC, 49,063 shares by IRA, 10,169.893 shares as PUGTMA for daughter, 8,378.701 shares as PUGTMA for son, 7,575.881 shares as PUGTMA for son, and 2,839 shares by Spouse IRA.
• The transaction involved the purchase of 1,000 shares at $15.74 per share directly and 658.6455 shares indirectly through Red Bird Associates LLC at $15.74 per share.

Sentiment

Score: 6

Explanation: The document is a routine regulatory filing (Form 4 amendment) to correct a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, ensuring transparency and compliance with SEC regulations.

Comparison to Industry Standards

• Tracking insider transactions is a common practice in financial analysis to gauge management's sentiment about the company's prospects.
• Comparing the volume and frequency of insider buying or selling activity against peers like Fulton Financial Corporation or National Penn Bancshares can provide insights into relative valuations and growth expectations.
• For example, if executives at Fulton Financial are consistently buying shares while those at Embassy Bancorp are selling, it could signal differing views on future performance.

Key Dates

Keywords

Form 4, amendment, beneficial ownership, Embassy Bancorp, director, Lesavoy, Red Bird Associates LLC, shares