Form 4: Penns Woods Bancorp Director John G. Nackley Sr. Reports Stock Acquisition
SEC Form 4 Filing
Director John G. Nackley Sr. of Penns Woods Bancorp Inc. reports acquiring 293 shares of common stock and disposing of 1,000 shares indirectly owned through his wife.
Summary
- On July 31, 2024, John G. Nackley Sr., a director of Penns Woods Bancorp Inc., acquired 293 shares of the company's common stock at a price of $23.82 per share.
- On the same day, he disposed of 1,000 shares of Penns Woods Bancorp, Inc. common stock indirectly through his wife.
- Following these transactions, Nackley directly owns 16,153 shares of Penns Woods Bancorp, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a director's stock transactions. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.
Industry Context
This filing is a routine disclosure of insider trading activity, which is common for directors and officers of publicly traded companies. It provides transparency to investors regarding the trading activities of company insiders.
Related Party Transactions
- The disposal of 1,000 shares was indirectly through the director's wife.
Stakeholder Impact
- The transactions may have a minor impact on shareholders by providing insight into the director's investment decisions.
Key Dates
| Date | Description |
|---|---|
| 07/31/2024 | Date of stock acquisition and disposal. |
| 08/01/2024 | Date of signature on the report. |
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