Form 4: Penns Woods Bancorp Chief Data Officer Acquires Shares
SEC Form 4
Michelle M. Karas, Chief Data Officer of Penns Woods Bancorp, recently acquired 100 shares of the company's common stock at $17.3 per share.
Summary
- On April 30, 2024, Michelle M. Karas, the Chief Data Officer of Penns Woods Bancorp Inc, acquired 100 shares of Penns Woods Common Stock.
- The purchase price was $17.3 per share.
- Following the transaction, Karas directly owns 2,267 shares of Penns Woods Common Stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a routine transaction by a company officer. The purchase is a positive signal, but the quantity is not significant enough to drastically alter sentiment.
Positives
- The purchase of shares by a company officer 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. Form 4 filings are a routine part of this monitoring process.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of transaction: Michelle M. Karas acquired 100 shares of Penns Woods Common Stock. |
| 05/01/2024 | Date of signature on the Form 4 filing. |
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