LCNB.NASDAQLcnb CORP

Form 4: LCNB Corp Director Bedinghaus Increases Stake with Recent Stock Purchase

Sentiment:

SEC Form 4


Director Robert A. Bedinghaus reports purchasing 1,000 shares of LCNB Corp. common stock at $13.397 per share, increasing his total holdings.

Summary

  • Robert A. Bedinghaus, a director of LCNB Corp, has reported a transaction involving the company's common stock.
  • On August 6, 2024, Bedinghaus purchased 1,000 shares of LCNB Corp. common stock at a price of $13.397 per share.
  • Following this transaction, Bedinghaus directly owns 28,157 shares and indirectly owns 49,533 shares through an IRA and 3,500 shares through an ESOP.
  • The filing was signed on August 6, 2024, by Robert C. Haines II under Power of Attorney for Robert A. Bedinghaus.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a relatively small transaction.

Positives

  • A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential sentiment.

Comparison to Industry Standards

  • Tracking insider transactions is a common practice in financial analysis.
  • Comparing Bedinghaus's transactions to those of other directors or executives in similar-sized banks could provide further insights.
  • Analyzing the overall trend of insider buying and selling activity at LCNB Corp. relative to its peers can help gauge market sentiment.

Stakeholder Impact

  • The stock purchase could have a minor positive impact on shareholder sentiment.

Key Dates

DateDescription
08/06/2024Date of the stock purchase transaction and filing date.

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