4/A: First Northern Community Bancorp Director Acquires Shares
SEC Form 4/A Filing
A director of First Northern Community Bancorp, Barbara A Hayes, purchased 284 shares of common stock at $10 per share.
Summary
- Barbara A Hayes, a director at First Northern Community Bancorp, acquired 284 shares of common stock on November 19, 2024.
- The purchase price was $10 per share.
- Following the transaction, Ms. Hayes directly owns 12,102 shares of the company's common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive as a director purchasing shares can indicate confidence, but it's a small transaction.
Positives
- The purchase of shares by a director can be seen as a positive sign of confidence in the company's future.
Industry Context
Insider trading activity is a common occurrence in the financial industry, and this transaction is a routine disclosure of a director's share purchase.
Comparison to Industry Standards
- This type of transaction is standard for directors of publicly traded companies.
- Similar filings are made by directors and officers of all publicly traded companies when they buy or sell shares.
Stakeholder Impact
- The share purchase may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/19/2024 | Date of the share purchase transaction. |
| 11/21/2024 | Date the original form was filed and the date of the amended filing. |
Keywords
insider trading, share purchase, director, common stock, FNRN, First Northern Community Bancorp
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