Form 4: Oak Valley Bancorp EVP Cathy Ghan Reports Changes in Beneficial Ownership

Cathy Ghan, EVP of Commercial Real Estate at Oak Valley Bancorp, reports transactions involving common stock, including acquisitions through a 401k plan and vesting of restricted stock.

Summary

• Cathy Ghan, EVP of Commercial Real Estate at Oak Valley Bancorp, filed a Form 4 detailing changes in her beneficial ownership of the company's common stock.
• The reported transactions include the acquisition of shares through the company's 401k plan on December 31, 2024, and the vesting of restricted stock on February 28, 2025.
• Shares were also surrendered to cover tax liabilities associated with the vesting of restricted stock.
• Following these transactions, Ghan directly owns 39,870 shares of Oak Valley Bancorp common stock.

Sentiment

Score: 5

Explanation: This is a neutral filing, simply reporting transactions. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Positives

• The acquisition of shares through the 401k plan demonstrates Ghan's continued investment in the company.
• The vesting of restricted stock incentivizes Ghan to remain with the company and contribute to its success.

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 as they can provide insights into management's confidence in the company's prospects.

Stakeholder Impact

• Shareholders gain transparency into executive stock transactions.
• Employees may be impacted by the company's stock incentive plan.

Key Dates