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 21, 2025, John B. Connerton, Treasurer of Evans Bancorp Inc., acquired 313 shares of common stock at a price of $38.71 per share.
- This acquisition was related to the vesting of restricted stock units.
- On March 24, 2025, Connerton disposed of 97 shares of common stock at a price of $39.2623 per share.
- Following these transactions, Connerton directly owns 20,763.88 shares of Evans Bancorp common stock.
- The transactions also involved the conversion of 313 restricted stock units into common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't convey any particular positive or negative sentiment about the company's performance or prospects.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the trading activities of company officers.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect insider trading activity, which is a normal part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/21/2023 | Reporting person was granted 939 restricted stock units, vesting in three equal annual installments beginning on the first anniversary of the grant date. |
| 03/21/2025 | Acquisition of 313 shares of common stock and conversion of restricted stock units. |
| 03/24/2025 | Disposal of 97 shares of common stock. |
| 03/25/2025 | Date of signature for the report. |
Keywords
Form 4, Evans Bancorp, EVBN, John B. Connerton, Stock Transactions, Restricted Stock Units, Treasurer, Beneficial Ownership
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