Form 4: Ohio Valley Banc Corp Director Thomas David W Reports Share Transactions

Director Thomas David W reports acquiring and disposing of Ohio Valley Banc Corp shares on June 3, 2024, with adjustments made due to dividend reinvestment.

Summary

• On June 3, 2024, Thomas David W, a director of Ohio Valley Banc Corp, reported transactions involving the company's common shares.
• He acquired 17.549 shares through a dividend reinvestment plan at a price of $23.8604 per share.
• He disposed of 0.8401 shares at $23.8604 per share.
• Following these transactions, Thomas David W directly owns 5,351 shares.
• The ending balance differs from amounts previously reported due to shares acquired under a dividend reinvestment plan.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reports routine transactions related to dividend reinvestment. There is no indication of significant positive or negative sentiment.

Positives

• The director's participation in the dividend reinvestment plan indicates confidence in the company.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. These filings are closely watched by investors seeking insights into management's perspective on the company's prospects.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they involve a small number of shares and are related to a dividend reinvestment plan.

Key Dates