Form 4: Embassy Bancorp Director Lesavoy Increases Stake with Recent Stock Purchases
SEC Form 4 Filing
Director Bernard M. Lesavoy reports purchasing additional shares of Embassy Bancorp, Inc. common stock, increasing his direct and indirect holdings.
Summary
- On March 20, 2025, Bernard M. Lesavoy, a director of Embassy Bancorp, Inc., acquired 1,000 shares of common stock at a price of $15.74 per share.
- Lesavoy also acquired 656.6332 shares indirectly through Red Bird Associates LLC at $15.74 per share.
- Following these transactions, Lesavoy directly owns 125,904.26 shares and indirectly owns 1,370.1493 shares through Red Bird Associates LLC.
- He also has indirect ownership through an IRA (49,063 shares), as PUGTMA for his daughter (10,169.893 shares), and as PUGTMA for his sons (8,378.701 and 7,575.881 shares), and through his Spouse IRA (2,839 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares usually indicates confidence, but it's a routine 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
Directors' transactions are closely watched by investors as they can provide insights into the company's performance and future expectations within the banking sector.
Stakeholder Impact
- The stock purchase by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 2018-01-19 | Power of Attorney executed, appointing Judith A. Hunsicker, Lynne M. Neel, Laura A. Suplee, Andrea L. Reinert, and Mark A. Casciano as attorneys-in-fact for Section 16 reporting purposes. |
| 2025-03-20 | Date of transaction: Bernard M. Lesavoy purchased shares of Embassy Bancorp, Inc. common stock. |
| 2025-03-24 | Date of signature for the Form 4 filing. |
Keywords
Embassy Bancorp, Director, Lesavoy, Stock Purchase, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.