Form 4: LCNB Corp Director Michael J. Johrendt Acquires Shares
SEC Form 4 Filing
Director Michael J. Johrendt purchased 1,164 shares of LCNB Corp common stock at $14.6 per share on February 24, 2025.
Summary
- On February 24, 2025, Michael J. Johrendt, a director of LCNB Corp, acquired 1,164 shares of LCNB Corp common stock.
- The purchase price was $14.6 per share.
- Following the transaction, Johrendt directly owns 153,649 shares of LCNB Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a sign of 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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors for signals about management's view of the company's prospects.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Michael J. Johrendt acquired 1,164 shares of LCNB Corp common stock. |
| 02/27/2025 | Date of signature on the Form 4 filing. |
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