Form 4: Oak Valley Bancorp Director Increases Stake Through Dividend Reinvestment

Terrance P. Withrow, a director at Oak Valley Bancorp, increased his holdings through automatic dividend reinvestments in August 2024 and February 2025.

Summary

• Terrance P. Withrow, a director of Oak Valley Bancorp, reported changes in beneficial ownership.
• On August 9, 2024, Withrow acquired 221 shares of common stock at $26.22 per share through an automatic dividend reinvestment.
• On February 14, 2025, Withrow acquired 278 shares of common stock at $28.06 per share through an automatic dividend reinvestment.
• Following these transactions, Withrow directly owns 31,326 shares of Oak Valley Bancorp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake is generally a good sign, but dividend reinvestment is a common and expected practice.

Positives

• Director's increased stake may signal confidence in the company's future performance.

Industry Context

Directors purchasing shares through dividend reinvestment plans is a common practice and generally viewed as a neutral to slightly positive signal.

Stakeholder Impact

• The increased stake of a director could be viewed positively by shareholders.

Key Dates

Keywords

Oak Valley Bancorp, OVLY, Terrance P. Withrow, Director, Beneficial Ownership, Dividend Reinvestment, Form 4, SEC Filing