Form 4: LINKBANCORP Director Koppenhaver Reports Acquisition of 2,000 Shares of Common Stock

Director David H. Koppenhaver reports acquiring 2,000 shares of LINKBANCORP, Inc. common stock on May 23, 2024, along with holding 400,559 shares directly and 2,323 indirectly.

Summary

• On May 23, 2024, David H. Koppenhaver, a director of LINKBANCORP, Inc. (LNKB), acquired 2,000 shares of common stock.
• The acquisition was made at a price of $0 per share.
• Following the transaction, Koppenhaver directly owns 400,559 shares of common stock.
• Koppenhaver also indirectly owns 2,323 shares through a spouse.
• The 2,000 shares acquired are restricted stock units vesting at a rate of 33.33% per year starting May 23, 2025.
• The reported holdings include 2,000 shares of restricted stock that vest at a rate of 20% per year commencing on August 31, 2024.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard Form 4 filing indicating a director's stock acquisition. The acquisition itself can be seen as slightly positive, but the filing is routine.

Positives

• The acquisition of shares by a director could 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 confidence levels and potential alignment of interests.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as insider buying is often viewed favorably.

Key Dates