SCHEDULE 13G: Edward Allen Bell Discloses 7.6% Passive Stake in Ohio Valley Banc Corp.

Edward Allen Bell has filed a Schedule 13G, disclosing a beneficial ownership of 7.6% of Ohio Valley Banc Corp.'s common stock as of December 31, 2024.

Summary

• Edward Allen Bell reported beneficial ownership of 355,899.72 shares of Ohio Valley Banc Corp. common stock.
• This ownership represents 7.6% of the total class of securities.
• The filing indicates that the shares were not acquired for the purpose of or with the effect of changing or influencing the control of the issuer.
• Mr. Bell holds sole voting power over all 355,899.72 shares.
• He holds sole dispositive power over 54,666.72 shares and shared dispositive power over 301,233.00 shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would inherently lead to a positive or negative sentiment beyond the fact of a significant stake.

Future Outlook

NA

Industry Context

This filing is a standard disclosure of a significant passive ownership stake in a financial institution, common in the banking sector for individual or institutional investors holding non-controlling interests.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant individual ownership stake in the company, confirming a passive investment intent.

Key Dates

Keywords

Ohio Valley Banc Corp, OVBC, Edward Allen Bell, Schedule 13G, Beneficial Ownership, Common Stock, SEC Filing, Passive Investment