LCNB.NASDAQLcnb CORP

Form 4: LCNB Corp Director Steve P Foster Acquires 1,226 Shares

Sentiment:

SEC Form 4 Filing


Director Steve P Foster purchased 1,226 shares of LCNB Corp common stock at $13.87 per share on March 4, 2024.

Summary

  • On March 4, 2024, Steve P Foster, a director of LCNB Corp, acquired 1,226 shares of LCNB Corp common stock.
  • The purchase price was $13.87 per share.
  • Following the transaction, Foster directly owns 44,049 shares of LCNB Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the transaction is relatively small and doesn't provide a strong signal.

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 a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

  • The purchase could have a slightly positive impact on shareholders, as it may signal confidence from a company insider.

Key Dates

DateDescription
03/04/2024Date of transaction: Steve P Foster acquired 1,226 shares of LCNB Corp common stock.
03/05/2024Date of signature: Form 4 signed by Robert C Haines II, POA on behalf of Steve P Foster.

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