Form 4: Ohio Valley Banc Corp Director Anna P. Barnitz Reports Stock Acquisitions

Director Anna P. Barnitz reports acquisitions of Ohio Valley Banc Corp shares through dividend reinvestment and voluntary cash purchase.

Summary

• Anna P. Barnitz, a director of Ohio Valley Banc Corp, reported changes in beneficial ownership of the company's common shares on August 14, 2024.
• She acquired shares through a dividend reinvestment plan (DRIP) and a voluntary cash purchase.
• Specifically, she acquired 0.3238 shares each as custodian for her daughter and two sons, at a price of $24.95 per share.
• Barnitz also acquired 60.1202 shares through a voluntary cash purchase for $24.95 per share.
• Additionally, 71.8429 shares were acquired under a dividend reinvestment plan.
• Following these transactions, Barnitz directly owns 8,279.6028 common shares.
• She also indirectly owns 37.0488 shares each as custodian for her daughter and two sons.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisitions by a director, indicating confidence but not necessarily a major event.

Positives

• The director's participation in the dividend reinvestment plan and voluntary cash purchase demonstrates confidence in the company.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking to gauge management's sentiment and confidence in the company's prospects.

Stakeholder Impact

• The stock acquisitions by a director may positively influence shareholder sentiment.

Key Dates