Form 4: Evans Bancorp Treasurer John B. Connerton Reports Stock Transactions
SEC Form 4 Filing
John B. Connerton, Treasurer of Evans Bancorp, reports acquisition and disposal of common stock and restricted stock units.
Summary
- On March 19, 2025, John B. Connerton, Treasurer of Evans Bancorp, acquired 1,558 shares of common stock at $39.52 per share and 1,558 restricted stock units that convert into common stock on a one-for-one basis.
- These restricted stock units were granted on March 19, 2024, and vest in three equal annual installments beginning on the first anniversary of the grant date.
- On March 20, 2025, Connerton disposed of 656 shares of common stock at $39.2885 per share.
- Following these transactions, Connerton directly owns 20,547.88 shares of Evans Bancorp common stock and 1,558 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the actions of a key company officer.
Key Dates
| Date | Description |
|---|---|
| 03/19/2024 | Reporting person was granted 1,558 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/19/2025 | Earliest transaction date; acquisition of 1,558 shares of common stock and 1,558 restricted stock units. |
| 03/20/2025 | Disposal of 656 shares of common stock. |
| 03/21/2025 | Date of signature on the report. |
Keywords
Form 4, Beneficial Ownership, EVBN, Evans Bancorp, Connerton, Stock Transactions, Restricted Stock Units
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