Form 4: Penns Woods Bancorp Director, Daniel K. Brewer, Reports Stock Transaction

Sentiment:

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

DateDescription
04/30/2024Date of stock transaction (acquisition of 467 shares)
05/01/2024Date of report submission

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