Form 4: Penns Woods Bancorp CEO Richard Grafmyre Acquires 3,000 Shares
SEC Form 4 Filing
Richard Grafmyre, CEO of Penns Woods Bancorp, recently purchased 3,000 shares of the company's stock at a price of $17.3 per share.
Summary
- Richard A Grafmyre, the CEO of Penns Woods Bancorp Inc, acquired 3,000 shares of the company's stock on April 30, 2024.
- The shares were purchased at a price of $17.3 per share.
- Following the transaction, Grafmyre directly owns 21,725 shares of Penns Woods Bancorp Inc.
- Grafmyre also indirectly owns 800 shares through his wife.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive due to the CEO's stock purchase, which suggests confidence in the company's performance.
Positives
- The CEO's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider trading activity is closely monitored as it can provide insights into a company's performance and future prospects. Purchases by executives are often seen as a positive sign.
Stakeholder Impact
- The CEO's stock purchase could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of the stock transaction. |
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