Form 4: Penns Woods Bancorp CEO Exercises Stock Options and Disposes of Shares
SEC Form 4 Filing
Richard A. Grafmyre, CEO of Penns Woods Bancorp, exercised stock options and disposed of shares on May 1, 2025.
Summary
- On May 1, 2025, Richard A. Grafmyre, the CEO of Penns Woods Bancorp Inc. (PWOD), exercised employee stock options to acquire 20,200 shares of common stock at a price of $25.34 per share.
- Simultaneously, Grafmyre disposed of 17,363 shares of common stock at a price of $29.48 per share.
- Following these transactions, Grafmyre directly owns 44,267 shares of Penns Woods Bancorp Inc.
- Grafmyre also indirectly owns 800 shares through his wife.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions. It provides transparency into the trading activities of company executives, which is a standard practice in the financial industry.
Stakeholder Impact
- The transactions may be of interest to shareholders as they provide insight into the CEO's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of earliest transaction: Exercise of stock options and disposal of shares. |
| 05/01/2025 | Date of signature. |
| 03/11/2030 | Expiration date of employee stock options. |
Keywords
Form 4, PWOD, Penns Woods Bancorp, Stock Options, Richard A. Grafmyre, CEO, Beneficial Ownership, Securities Exchange Act
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.