Form 4: Penns Woods Bancorp Director John G. Nackley Sr. Acquires Shares
SEC Form 4 Filing
Director John G. Nackley Sr. of Penns Woods Bancorp Inc. reports acquiring 400 shares of common stock at $17.48 per share.
Summary
- On April 30, 2024, John G. Nackley Sr., a director of Penns Woods Bancorp Inc., acquired 400 shares of the company's common stock.
- The shares were purchased at a price of $17.48 per share.
- Following the transaction, Nackley directly owns 15,768 shares of Penns Woods Bancorp Inc. common stock.
- Nackley also indirectly owns 1,000 shares through his wife.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a small transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/30/2024 | Date of stock acquisition |
| 05/01/2024 | Date of signature on the Form 4 filing |
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