EMYB.OQXEmbassy Bancorp, INC

4/A: Embassy Bancorp Executive Judith Hunsicker Reports Share Transaction

Sentiment:

SEC Form 4/A

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Judith Hunsicker, FEO, COO, and CFO of Embassy Bancorp, reports a transaction involving common stock to cover withholding tax obligations.

Summary

  • Judith Hunsicker, a key executive at Embassy Bancorp, filed an amended Form 4 on December 28, 2023, reporting a transaction that occurred on December 26, 2023.
  • The transaction involved the disposal of 754 shares of common stock at a price of $14.66 per share.
  • This disposal was to cover withholding tax obligations resulting from the vesting of previously issued restricted stock awards.
  • Following the transaction, Hunsicker directly owns 61,639.7314 shares and indirectly owns 20,391 shares through an IRA.
  • The amended form corrects the number of shares acquired under the Employee Stock Purchase Plan.

Sentiment

Score: 5

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

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves a small number of shares disposed of by an executive to cover tax obligations.

Key Dates

DateDescription
January 19, 2018Date of Power of Attorney granted to Lynne M. Neel, Laura A. Suplee, Andrea L. Reinert, and Mark A. Casciano.
December 26, 2023Date of the stock transaction (disposal of shares).
December 28, 2023Date of the original Form 4 filing.
December 18, 2024Date of signature for the amended filing.

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