Form 4: Oak Valley Bancorp Director Gary Strong Acquires 1,000 Shares
SEC Form 4 Filing
Oak Valley Bancorp director Gary Strong purchased 1,000 shares of common stock at $27.17 per share on January 8, 2025.
Summary
- Gary Strong, a director at Oak Valley Bancorp, acquired 1,000 shares of the company's common stock on January 8, 2025.
- The purchase price was $27.17 per share.
- Following the transaction, Mr. Strong directly owns 11,842 shares of Oak Valley Bancorp common stock.
Sentiment
Score: 6
Explanation: The document reflects a routine insider purchase, which is generally neutral to slightly positive. It indicates confidence from a director but is not a major event.
Positives
- The purchase by a director may signal confidence in the company's future prospects.
Industry Context
This is a routine filing related to insider trading activity and is common for publicly listed companies.
Comparison to Industry Standards
- Insider trading activity is a common occurrence in publicly listed companies, and this transaction is within the normal range of such activities.
- The purchase of shares by a director is a common signal of confidence in the company's prospects.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/08/2025 | Date of the stock purchase transaction. |
| 01/09/2025 | Date the form was signed. |
Keywords
Oak Valley Bancorp, OVLY, insider trading, stock purchase, director, Gary Strong, common stock, share acquisition
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.