Form 4: Pathfinder Bancorp Director Eric Allyn Sells 1,014 Shares

Director Eric Allyn sold 1,014 shares of Pathfinder Bancorp stock at $17.2814 per share on December 3, 2024.

Summary

• Eric Allyn, a director at Pathfinder Bancorp, sold 1,014 shares of common stock on December 3, 2024.
• The sale price was $17.2814 per share.
• Following the transaction, Mr. Allyn directly owns no shares, but indirectly owns 14,293 shares through Allyn Family Capital Fund, LLC and 35,087 shares through Allyn Family Foundation.

Sentiment

Score: 5

Explanation: The document is a neutral disclosure of a stock sale by a director, with no inherent positive or negative sentiment.

Industry Context

This is a routine disclosure of an insider transaction, which is common for publicly traded companies. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider trading activities.
• The transaction is typical for directors who may periodically adjust their holdings for personal financial reasons.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider trading activity.

Key Dates

Keywords

Pathfinder Bancorp, insider trading, stock sale, Eric Allyn, director, PBHC, Form 4