Form 4: Penns Woods Bancorp Director, Daniel K. Brewer, Reports Stock Transaction
SEC Form 4 Filing
Director Daniel K. Brewer reported acquiring 467 shares of Penns Woods Bancorp, Inc. common stock at $17.48 per share on April 30, 2024.
Summary
- On April 30, 2024, Daniel K. Brewer, a director of Penns Woods Bancorp, Inc. (PWOD), acquired 467 shares of the company's common stock.
- The purchase price was $17.48 per share.
- Following the transaction, Brewer directly owns 13,347 shares of Penns Woods Bancorp, Inc.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a stock transaction by a company director. It doesn't inherently indicate positive or negative sentiment, but rather provides information about insider activity.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company (such as directors or officers) buy or sell the company's securities. These filings provide transparency to the market regarding insider transactions.
Stakeholder Impact
- The transaction provides shareholders with insight into the actions of a company director, which can influence investor sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock transaction (acquisition of 467 shares) |
| 05/01/2024 | Date of report submission |
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