Form 4: Embassy Bancorp Director John C. Pittman Reports Stock Sale

Director John C. Pittman reported selling 10,230 shares of Embassy Bancorp, Inc. common stock at a price of $15.74 on March 20, 2025.

Summary

• On March 20, 2025, John C. Pittman, a director of Embassy Bancorp, Inc., sold 10,230 shares of common stock at $15.74 per share.
• Following the transaction, Pittman directly owns 353,631.51 shares of Embassy Bancorp, Inc.
• Pittman also indirectly owns shares through his spouse (5,555 shares), an IRA (3,284 shares), and as custodian for a grandson (150 shares).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure of a transaction by a company insider and provides transparency to the market regarding the trading activities of individuals with access to non-public information.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are required by the SEC to ensure transparency.
• The information disclosed is consistent with what is expected in such filings, including details of the transaction, the reporting person's relationship to the issuer, and their beneficial ownership of securities.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small size of the transaction compared to Pittman's total holdings.

Key Dates

Keywords

Form 4, Embassy Bancorp, Director, Stock Sale, Beneficial Ownership, Pittman, Securities