Form 4: Penns Woods Bancorp Director Acquires Shares
SEC Form 4 Filing
Director Cameron Kephart acquired 303 shares of Penns Woods Bancorp at $23.82 per share on July 31, 2024.
Summary
- On July 31, 2024, Cameron Kephart, a director of Penns Woods Bancorp Inc., acquired 303 shares of the company's common stock.
- The shares were purchased at a price of $23.82 per share.
- Following the transaction, Kephart directly owns 9,140 shares of Penns Woods Bancorp, Inc. common stock.
Sentiment
Score: 6
Explanation: Neutral sentiment. The document simply reports a transaction. A director buying shares is generally viewed as a mildly positive signal, but without more context, it's difficult to assess the overall impact.
Positives
- Director's purchase may signal confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. Director's purchases are often seen as a positive sign.
Stakeholder Impact
- The transaction may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of transaction: Cameron Kephart acquired 303 shares of Penns Woods Bancorp, Inc. common stock. |
| 08/01/2024 | Date of Form 4 filing. |
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