Form 4: LCNB Corp Director Spencer S Cropper Acquires Shares
SEC Form 4
Director Spencer S Cropper reports acquisition of 1,164 shares of LCNB Corp Common Stock at $14.60 per share.
Summary
- On February 24, 2025, Spencer S Cropper, a director of LCNB CORP, acquired 1,164 shares of LCNB Corp Common Stock at a price of $14.60 per share.
- Following the transaction, Cropper directly owns 21,987 shares.
- Cropper also indirectly owns 3,000 shares through a spouse, 105,126 shares through a Family Limited Partnership, and 4,900 shares each as custodian for two OHUTMA accounts.
- The filing indicates that Cropper has a 50% interest in the Limited Family Partnership.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a director's share acquisition. While insider buying can be seen as a positive signal, it's a relatively small transaction and doesn't necessarily indicate a strong bullish outlook.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors as they can provide insights into management's view of the company's prospects.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of transaction: Spencer S Cropper acquired 1,164 shares of LCNB Corp Common Stock. |
| 02/27/2025 | Date of signature: Form 4 signed by Robert C Haines II, POA for Spencer S Cropper. |
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