Form 4: Oak Valley Bancorp Director H. Randolph Holder Jr. Acquires Additional Shares
SEC Form 4 Filing
Director H. Randolph Holder Jr. of Oak Valley Bancorp [OVLY] purchased 50 shares of common stock at $24.54 on February 28, 2024, increasing his direct holdings to 141,633 shares.
Summary
- On February 28, 2024, H. Randolph Holder Jr., a director of Oak Valley Bancorp [OVLY], acquired 50 shares of common stock.
- The purchase price was $24.54 per share.
- Following the transaction, Holder directly owns 141,633 shares of Oak Valley Bancorp.
Sentiment
Score: 5
Explanation: This is a routine disclosure of an insider transaction. It doesn't inherently indicate positive or negative sentiment, but rather provides factual information.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
- It may influence investor perception of the company depending on how the market interprets the director's stock purchase.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of transaction: H. Randolph Holder Jr. purchased 50 shares of Oak Valley Bancorp common stock. |
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