Form 4: Embassy Bancorp Director Lesavoy Reports Stock Grant
SEC Form 4 Filing
Director Bernard M. Lesavoy reports the acquisition of 3,785 shares of Embassy Bancorp, Inc. stock through a grant, along with adjustments to indirect holdings.
Summary
- On February 3, 2025, Bernard M. Lesavoy, a director of Embassy Bancorp, Inc., reported acquiring 3,785 shares of common stock through a grant.
- The shares were acquired at a price of $0.
- Following the transaction, Lesavoy directly owns 124,904.26 shares.
- Lesavoy also has indirect ownership through Red Bird Associates LLC (713.5161 shares), IRA (49,063 shares), as PUGTMA for daughter (10,169.893 shares), as PUGTMA for son (8,378.701 shares), as PUGTMA for son (7,575.881 shares), and by Spouse IRA (2,839 shares).
Sentiment
Score: 6
Explanation: The sentiment is neutral as it's a standard disclosure of stock ownership change. The grant itself could be viewed slightly positively, but the document is primarily informational.
Positives
- The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure related to insider transactions, common in the financial industry to ensure transparency.
Stakeholder Impact
- Shareholders are informed about changes in insider ownership, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 2018-01-19 | Date of Power of Attorney execution. |
| 2025-02-03 | Date of stock transaction. |
| 2025-02-04 | Date of Form 4 signature. |
Keywords
Form 4, beneficial ownership, director, stock grant, Embassy Bancorp, Lesavoy
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