Form 4: Ohio Valley Banc Corp Executive Ryan Jones Reports Share Transactions

Ryan Jones, Risk Officer/COO of Ohio Valley Banc Corp, reported the acquisition of 171.7723 common shares and changes in ESOP holdings.

Summary

• Ryan Jones, the Risk Officer/COO of Ohio Valley Banc Corp, filed a Form 4 detailing changes in his beneficial ownership of the company's stock.
• On December 30, 2024, Jones acquired 171.7723 common shares at a price of $24.23 per share.
• The report also reflects changes in Jones's holdings through the company's Employee Stock Ownership Plan (ESOP), with a net change of 1,792.9523 shares.
• The total direct holdings of common shares after the transaction is 34,052.7913 shares.
• The ESOP holdings are reported as indirect ownership.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing for corporate insiders and is a normal part of regulatory compliance.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States.
• The transactions reported are typical for executives who receive stock-based compensation or participate in employee stock purchase plans.
• The level of detail provided is consistent with SEC requirements for insider trading disclosures.

Stakeholder Impact

• The transactions reported have a minor impact on shareholders as they reflect routine insider activity.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, ESOP, Ohio Valley Banc Corp, OVBC, Ryan Jones, Insider Trading