Form 4: OVLY Director Sells Shares Under 10b5-1 Plan

Sentiment:

Insider Transaction Disclosure


Oak Valley Bancorp Director Don Barton sold 375 shares of common stock for a weighted average price of $30.2508, executed under a pre-arranged 10b5-1 plan.

Summary

  • Don Barton, a Director of Oak Valley Bancorp (OVLY), reported the sale of 375 shares of common stock.
  • The transaction occurred on January 12, 2026.
  • The shares were sold at a weighted average price of $30.2508 per share, with individual prices ranging from $30.96 to $30.395.
  • The sale was executed pursuant to a Rule 10b5-1 sales plan, which was adopted on November 5, 2024.
  • Following this transaction, Don Barton directly beneficially owns 31,100 shares of Oak Valley Bancorp common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, pre-planned sale under a 10b5-1 plan by a director, involving a relatively small number of shares. This type of disclosure is generally considered neutral as it does not typically indicate a change in the company's fundamental prospects or the insider's view on the stock's future performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing details a routine insider transaction by a director of a regional bank. Such transactions, especially when executed under a pre-arranged 10b5-1 plan, are common and typically do not reflect a change in the company's fundamental business or the director's confidence in the long-term prospects of the banking sector.

Stakeholder Impact

  • Shareholders: Minimal impact due to the small volume and pre-planned nature of the sale, which is unlikely to signal a change in company fundamentals or director confidence.

Key Dates

DateDescription
11-05-2024Adoption date of the referenced 10b5-1(c) sales plan.
01/12/2026Date of common stock transaction (sale of 375 shares).
01/13/2026Signature date of the reporting person on the Form 4 filing.

Keywords

Oak Valley Bancorp, OVLY, Insider Trading, Form 4, Director Sale, 10b5-1 Plan, Stock Transaction

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.